OFF MARKET

32 Ambrose Street
Tennant Creek NT 0860

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 66m2
Land area: 1006m2
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Property Details for 32 Ambrose St, Tennant Creek

32 Ambrose St, Tennant Creek is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2006. The property has a land size of 1006m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Year Built
2006
Floor Size
66m2
Land Size
1006m2
Local Government
Barkly
Lot/Plan
Loc 730 Lot 407/A 000083

Last Listing description (August 2024)

The Feel:
Ready to make your dream a reality and become a landlord? Offered to the market is this attractive investment in a town that has an ever-increasing demand for rental accommodation. Don't procrastinate, this is too good to miss.

The Facts:

- Measuring 1000 square metres
- Zoned LR (Low Density Residential)
- Offering two x two-bedroom, one-bathroom units
- Tiled living areas
- Split system air conditioning
- Low maintenance
- Excellent potential
- Conveniently located-
- No easements
- Both units leased to NTG to 20/4/25 returning $3119 per month
- Council rates $2511 pa including rubbish removal

This duplex complex is an ideal entry asset for the smart investor. Tennant Creek has produced excellent returns over many years and with all that is on the horizon for the area, the possibilities are only positive.

Property History for 32 Ambrose St, Tennant Creek, NT 0860

A timeline of how this property has performed in the market
Last Sold
$390,000
21 Nov 2022
  • 19 Jun 2024
    Listed for Sale $435,000
  • 21 Nov 2022
    Sold for $390,000
  • 16 Mar 2005
    Sold for $6,500

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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.