11 Griggs StreetTennant Creek NT 0860
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.
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.
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
- 20 Sep 2016Listed for Sale $430,000
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0About 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 1,514 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.
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