77 Paterson StreetTennant Creek NT 0860
Property Details for 77 Paterson St, Tennant Creek
77 Paterson St, Tennant Creek is a 0 bedroom, 0 bathroom House. The property has a land size of 1010m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (March 2023)
Just renewed 3-year lease to 2026
Plus option to 2029
Centrelink (and Medicare), a vital public service & an agency of the Australian Government
The only Centrelink in a 500 km radius
Tennant Creek, historic town with gold, copper, magnesium & cattle
Modern, 378 sqm air-conditioned building constructed in 2004
Valuable depreciation benefits still available
1,010 sqm land holding in a strategic location on Stuart Highway
Easily managed single tenant investment
Annual 3% rent increases
Estimated net income p.a. $130,353 excl GST (as at April 2023)
For Sale by Auction
Tuesday, 7 March 2023
10:30am AEDT
Auctionworks, 50 Margaret Street, Sydney NSW
In-person and online bidding available
Property History for 77 Paterson St, Tennant Creek, NT 0860
- 11 May 2023Sold for $1,550,000
- 10 Feb 2023Listed for Sale Contact Agent
- 16 Jun 2004Sold for $1,100,000
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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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