4/23 Eden StreetStuart Park NT 0820
Property Details for 4/23 Eden St, Stuart Park
4/23 Eden St, Stuart Park is a 8 bedroom, 4 bathroom Unit with 5 parking spaces and was built in 2000. The property has a land size of 95m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 8 bedroom Unit sold in Stuart Park in the last 12 months.
Last Listing description (October 2024)
Looking for an investment with a healthy yield but plenty of capital growth potential? Here it is
Key features of offering:
$1750 per week rental income ($91,000 per annum)
936m2 of blue chip Stuart Park Land
The 4 separate units are Strata Titled (can be sold off individually in future if you wish)
Planning scheme zone LMR (Low Medium Density Residential)
Smart time in the property cycle to snap up a 4 pack in prime location
Recession proof long term investment with 4 healthy income streams constantly
Offered at approx. 8% gross yield
1/23 Eden st Stuart Park
First floor with balcony
2bed 1bath 1car
103m2 on title
Currently leased at $420 a week until 2nd March 2025
2/23 Eden st Stuart Park
First floor with balcony
2bed 1bath 1car
103m2 on title
Currently leased at $480 a week until 23rd August 2025
3/23 Eden st Stuart Park
Ground Floor
2bed 1bath 2car
111m2 on title
Currently leased at $400 a week until 16th June 2025
4/23 Eden st Stuart Park
Ground floor
2bed 1bath 1car
95m2 on title
Currently leased at $450 a week until 22nd May 2025
Council Rates: $6,995 per annum total or $1,748 each
Insurance: $5,500 per annum
Body Corp: Zero (self managed, one owner)
Status: All currently leased
Managing Agent: Real Estate Central
Property History for 4/23 Eden St, Stuart Park, NT 0820
- 28 Oct 2024Sold for $1,145,000
- 18 Oct 2024Listed for Sale Contact Agent
- 02 May 2024Listed for Rent $450 / week
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About Stuart Park 0820
The size of Stuart Park is approximately 2.3 square kilometres. It has 9 parks covering nearly 3.8% of total area. The population of Stuart Park in 2011 was 3,748 people. By 2016 the population was 4,159 showing a population growth of 11.0% in the area during that time. The predominant age group in Stuart Park is 20-29 years. Households in Stuart Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Stuart Park work in a professional occupation. In 2011, 40.7% of the homes in Stuart Park were owner-occupied compared with 37.2% in 2016.
Stuart Park has 2,642 properties. Over the last 5 years, Houses in Stuart Park have seen a 15.55% increase in median value, while Units have seen a 24.39% increase. As at 31 October 2024:
- The median value for Houses in Stuart Park is $811,797 while the median value for Units is $415,622.
- Houses have a median rent of $650 while Units have a median rent of $590.
Suburb Insights for Stuart Park 0820
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