OFF MARKET

194 Paterson Street
Tennant Creek NT 0860

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 86m2
Land area: 1000m2
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Last updated 14 Oct 2024
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Property Details for 194 Paterson St, Tennant Creek

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.

Building Type
Unit
Floor Size
86m2
Land Size
1000m2
Local Government
Barkly
Lot/Plan
Loc 730 Lot 25/OP 001311

Last Listing description (May 2017)

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.

Ready for development this large vacant block of land in a prime position is the answer to any investment quest.
See you at the Auction!
Area: 1000sqm Zoning: Multiple Dwelling Council Rates: $2196pa
Easement: None Found

Property History for 194 Paterson St, Tennant Creek, NT 0860

A timeline of how this property has performed in the market
Last Sold
$55,000
17 Dec 2021
  • 17 Dec 2021
    Sold for $55,000
  • 14 Jul 2017
    Sold for $50,000
  • 18 Apr 2017
    Listed for Sale Auction
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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 1,513 properties. Over the last 5 years, Houses in Tennant Creek have seen a 23.62% increase in median value, while Units have seen a 173.35% increase. As at 30 September 2024:

  • The median value for Houses in Tennant Creek is $264,190 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, 44 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.