12/89 Aralia StreetRapid Creek NT 0810
Property Details for 12/89 Aralia St, Rapid Creek
12/89 Aralia St, Rapid Creek is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 39m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (May 2023)
Text 89ARA to 0472 880 252 for more property information
Calling all savvy investors looking for fantastic rental yield (10% plus) look no further than right here at these two excellent offerings being Unit 12/89 Aralia & 2/91 Aralia. Both units are now vacant and ready to be sold. Rental appraisal for units are between $320-$350 per week. Both units are owned by same owner; who has made fantastic returns through the years, but now is time to sell and move onto other ventures.
Unit 12/89 is a one bedroom unit on the ground floor; spacious open plan living encompassing lounge/dining & kitchen. Separate large one bedroom with en-suite. One car park bay allocated to this unit under title. Selling $165,000.
Unit 2/91 is a bedsitter, also on the ground floor in a secure complex, with large swimming pool. There is also one car park bay allocated to this unit under title. Selling $139,000.
Within a few minutes's walk is popular Nightcliff foreshore & Rapid Creek beach, which is literally at your doorstep as are magical sunsets each evening! So close to everywhere: markets, Charles Darwin University, Nightcliff Foreshore; parks.
These units are perfect to add to your investment portfolio with its great rental yields.
Council Rates: Approx. $1400 per annum
Area Under Title: 52 msq
Zoning: MR (Medium Density)
Status: Vacant Possession
Body Corporate: Whittles Body Corp
Body Corp Levies: Approx. $850 per quarter
Rental Estimate: Approx $350 per week
Deposit: 10% or variation on request
Easements as per title: None Found
Property History for 12/89 Aralia St, Rapid Creek, NT 0810
- 22 May 2023Sold for $160,000
- 28 Mar 2023Listed for Sale UNDER CONTRACT
- 02 Mar 2022Listed for Rent $280 / week
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0About 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 1,643 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.
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