194 Paterson St, Tennant Creek is a 2 bedroom, 2 bathroom Unit. The property has a land size of 1000m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
With this sizeable 1000sqm block you will have plenty of choices available on how you want to develop this lot to ensure good returns in the short and long term.
Zoned Multiple Dwelling this is a great opportunity to build a number of units or even a great big residential house.. Located in a popular area on Tennant Creek, there is access from Paterson Street or from the rear lane.
Low vacancy rates in Tennant Creek ensure solid returns for the long term.
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 1,516 properties. Over the last 5 years, Houses in Tennant Creek have seen a 30.65% increase in median value, while Units have seen a 24.06% increase. As at 28 February 2025:
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