OFF MARKET

1 Sergison Circuit
Rapid Creek NT 0810

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 73m2
Land area: 718m2
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Property Details for 1 Sergison Cct, Rapid Creek

1 Sergison Cct, Rapid Creek is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1977. The property has a land size of 718m2 and floor size of 73m2.

Building Type
Unit
Year Built
1977
Floor Size
73m2
Land Size
718m2
Local Government
Darwin

Last Listing description (June 2019)

Zoned MR - possibility to build 14 x 2 bedroom apartments, 4 storeys. Subject to town planning.LARGE 1020 Square Metre allotment ; Easement Free. CORNER BLOCK; Lucrative Opportunity to purchase 7 LEASED units in beachside suburb; Rapid Creek. No Body Corporate. Good cash flow which gives you plenty of options 6 x 2 Bedroom and 1 x 1 bedroom apartment with returns of OVER 6%. Council Rates: $8584 per annumThe current complex comprises of 3 x downstairs units and 3 x upstairs units; one stand alone, all with their own balconies off the living areasOther features you will LOVE about the apartments;>>Solid Brick construction>> Well maintained complex/units. >> Each unit is spacious, airy, TWO large bedrooms, Roomy living areas, Robes and Air conditioning>> Communal laundry with some room for bicycles (daily rides along the foreshore any one???!)>> 1x car park per unit with additional room for second vehicle or guest parking. >> Centrally located; the complex is within walking distance to beach, local schools and shops, public transport, weekend markets and short drive to Darwin CBD or Casuarina. With this future High Rise Opportunity, In this fantastic beachside suburb with a significant holding income from day one... What else could you ask want?

Property History for 1 Sergison Cct, Rapid Creek, NT 0810

A timeline of how this property has performed in the market
  • 29 May 2019
    Listed for Sale $1,349,000
  • 26 Aug 2011
    Listed for Sale FROM $590,000

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About Rapid Creek 0810

The size of Rapid Creek is approximately 1.8 square kilometres. It has 7 parks covering nearly 44.9% of total area. The population of Rapid Creek in 2011 was 3,267 people. By 2016 the population was 3,290 showing a population growth of 0.7% in the area during that time. The predominant age group in Rapid Creek is 30-39 years. Households in Rapid Creek are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rapid Creek work in a professional occupation. In 2011, 46.1% of the homes in Rapid Creek were owner-occupied compared with 43.9% in 2016.

Rapid Creek has 1,641 properties. Over the last 5 years, Houses in Rapid Creek have seen a 70.34% increase in median value, while Units have seen a 10.12% increase. As at 31 October 2024:

  • The median value for Houses in Rapid Creek is $789,883 while the median value for Units is $353,413.
  • Houses have a median rent of $570 while Units have a median rent of $480.
There are currently 13 properties listed for sale, and 11 properties listed for rent in Rapid creek on OnTheHouse. According to CoreLogic's data, 73 properties were sold in the past 12 months in Rapid creek.

Suburb Insights for Rapid Creek 0810

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.