OFF MARKET

11 Griggs Street
Tennant Creek NT 0860

Bedrooms: 4
Bathrooms: 2
Car spaces: 6
Floor area: 134m2
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Property Details for 11 Griggs St, Tennant Creek

11 Griggs St, Tennant Creek is a 4 bedroom, 2 bathroom House with 6 parking spaces. The property has a floor size of 134m2.

Building Type
House
Floor Size
134m2
Local Government
Barkly

Last Listing description (July 2022)

On 894m2, these 2 x 2 bedroom units are of brick construct (circa 1985) and currently leased to the NT Government, and currently show a 7.8% gross return.

Enter into a good sized lounge room with split system airconditioning.

Both bedrooms are well sized, airconditioned and the master has built-in robes.
The kitchen is very functional and certainly large enough for a young family.
The units are divided by a sturdy fence and both have good sized yards and clothes hoists.

This investment is almost a "purchase and forget" property and is a must to see.

Property History for 11 Griggs St, Tennant Creek, NT 0860

A timeline of how this property has performed in the market
  • 20 Sep 2016
    Listed for Sale $430,000

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About Tennant Creek 0860

The size of Tennant Creek is approximately 42.1 square kilometres. It has 13 parks covering nearly 1.3% of total area. The population of Tennant Creek in 2011 was 3,060 people. By 2016 the population was 2,984 showing a population decline of 2.5% in the area during that time. The predominant age group in Tennant Creek is 20-29 years. Households in Tennant Creek are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Tennant Creek work in a professional occupation. In 2011, 34.6% of the homes in Tennant Creek were owner-occupied compared with 29.7% in 2016.

Tennant Creek has 1,515 properties. Over the last 5 years, Houses in Tennant Creek have seen a 14.66% increase in median value, while Units have seen a 173.57% increase. As at 31 October 2024:

  • The median value for Houses in Tennant Creek is $239,654 while the median value for Units is $160,659.
  • Houses have a median rent of $440.
There are currently 3 properties listed for sale, and 1 property listed for rent in Tennant creek on OnTheHouse. According to CoreLogic's data, 46 properties were sold in the past 12 months in Tennant creek.

Suburb Insights for Tennant Creek 0860

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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.