OFF MARKET

8/16 Coronation Drive
Stuart Park NT 0820

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 123m2
Land area: 175m2
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Property Details for 8/16 Coronation Dr, Stuart Park

8/16 Coronation Dr, Stuart Park is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1999. The property has a land size of 175m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
1999
Floor Size
123m2
Land Size
175m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 6852/LTO98/062

Last Listing description (May 2023)

Cleverly designed to incorporate seamless indoor and outdoor flow, this 3-bedroom apartment offers privacy and convenience being just minutes from all of Darwin City's amenities.

Located on the first floor of a sophisticated complex, the unit comprises of 2 sizable balconies for added convenience and space, as well as a flexible floorplan to allow for a small family and/or professional couple.

Features:

- Generously sized master bedroom with large built-in robe & ensuite, as well as direct access to one of the balcony's through glass sliding doors
- Other two bedrooms are also generous in and size & feature BIRs, as well as sliding door access to another balcony (shared between the two rooms)
- Open-plan living space runs off the central kitchen
- Second bathroom with internal laundry
- Secure access, key required to get into the complex doors

Whether you are a first home buyer purchasing to occupy, or a savvy investor looking for a secure, profitable investment, your search may now be well & truly over.
With a fresh coat of paint & some minor tweaks, this property would be an ideal investment.

For more information or to arrange an inspection, please contact Demi on 0448 951 305.

Area Under Title: 175m2
Council Rates: $1,600 pa approx.
Estimated Rent in the Current Market: $500 - $520 per week
Body Corporate Management: Castle Real Estate
Body Corporate Fees: $1,744 pq approx. (total)

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Property History for 8/16 Coronation Dr, Stuart Park, NT 0820

A timeline of how this property has performed in the market
Last Sold
$371,000
10 May 2023
Listed for Rent
$370/w
24 Jan 2020
  • 10 May 2023
    Sold for $371,000
  • 16 Jan 2023
    Listed for Sale JUST LIKE THAT: Under Contract
  • 12 Dec 2019
    Listed for Rent - Price not available
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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 2,641 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.
There are currently 37 properties listed for sale, and 13 properties listed for rent in Stuart park on OnTheHouse. According to CoreLogic's data, 147 properties were sold in the past 12 months in Stuart park.

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