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Sold on 06 Jun 2024 for $300,000

7/51 Chapman Road
Rapid Creek NT 0810

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 109m2
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Property Details for 7/51 Chapman Rd, Rapid Creek

7/51 Chapman Rd, Rapid Creek is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Rapid Creek in the last 12 months.

Building Type
Unit
Floor Size
109m2
Local Government
Darwin
Lot/Plan
Loc 550 Lot 1336/A 000382

Last Listing description (June 2024)

Discover the allure of this delightful 2-bedroom, 1-bathroom unit nestled in the heart of Rapid Creek, offering an enticing prospect for both first-time homebuyers and astute investors alike. Boasting a generous floor plan, this residence exudes comfort and convenience at every turn.

A Welcoming Retreat

Step inside to find a spacious living area adorned with natural light, providing an inviting ambiance for relaxation and entertainment. The allure continues with two bedrooms featuring built-in robes, ensuring ample storage space while maintaining a sleek aesthetic.

Modern Comforts

The modern kitchen is a culinary haven, equipped with stainless steel appliances, including a dishwasher and electric oven. Its seamless integration with the open-plan dining and living areas creates an inviting space for hosting gatherings or enjoying intimate family meals.

Outdoor Oasis

Unwind and soak up the tranquility on the balcony, offering picturesque views of lush greenery. This serene sanctuary is ideal for savoring morning coffees or unwinding with a good book, enveloped in the soothing embrace of nature.

Convenience and Connectivity

Situated within a well-maintained complex, this unit offers a lifestyle of convenience with nearby parks, shops, and public transport options. Its prime location, just moments away from Nightcliff middle and high schools, as well as the pristine foreshore with its array of amenities, ensures a fulfilling lifestyle for residents.

Investment Potential

With strong rental potential in the area, this property presents a lucrative opportunity for investors seeking to expand their portfolio. Currently rented at $360 per week until June 2024, it offers both financial security and potential for capital appreciation.

Your Oasis Awaits

Don't let this opportunity pass you by. Embrace the charm and comfort of this unit in Rapid Creek, where modern living meets coastal serenity. Contact us today to arrange a viewing and secure your slice of paradise.

Property Details:

Year Built: 1995
Building Area: 109sqm
Council Rates: $1,700 p/a (approx.)
Body Corporate: $1300 Per Quater
Rental Income: $360 Per week until June 2024

Property History for 7/51 Chapman Rd, Rapid Creek, NT 0810

A timeline of how this property has performed in the market
Last Sold
$300,000
06 Jun 2024
Listed for Rent
$280/w
08 Nov 2017
  • 28 Jun 2024
    Sold for $300,000
  • 13 Mar 2024
    Listed for Sale Not Disclosed
  • 18 Aug 2017
    Listed for Rent - Price not available
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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 1,652 properties. Over the last 5 years, Houses in Rapid Creek have seen a 34.61% increase in median value, while Units have seen a 2.57% increase. As at 30 September 2024:

  • The median value for Houses in Rapid Creek is $794,633 while the median value for Units is $338,145.
  • Houses have a median rent of $575 while Units have a median rent of $485.
There are currently 15 properties listed for sale, and 11 properties listed for rent in Rapid creek on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in Rapid creek.

Suburb Insights for Rapid Creek 0810

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Contact agent
Akansh Batta
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Glenn Grantham
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Raine & Horne Darwin
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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.