OFF MARKET

25 Wells Creek Road
Virginia NT 0834

Bedrooms: 9
Bathrooms: 3
Car spaces: 5
Land area: 31707m2
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Property Details for 25 Wells Creek Rd, Virginia

25 Wells Creek Rd, Virginia is a 9 bedroom, 3 bathroom House with 5 parking spaces. The property has a land size of 31707m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
House
Land Size
31707m2
Local Government
Litchfield
Lot/Plan
Loc 695 Lot 27/LTO69/011

Last Listing description (March 2018)

Located close to the Coolalinga Shopping Centre and just across the Stuart Highway from the newly completed Coolalinga Central. With so much newly completed infrastructure being built in the area, there has never been a more perfect time to secure parcels of land such as this.
Below are links from the NT Planning Commission relating to the Draft Area Plan for the Coolalinga area. 25 Wells Creek Road is a future potnetial goldmine with 8 acres on title, the property sits within the proposed area that in the future could see residential blocks being developed subject to approval:
https:/?/?planningcommission.nt.gov.au/?projects/?coolalinga-fr eds-pass-rural-activity-centre

https:/?/?planningcommission.nt.gov.au/?__data/?assets/?pdf_file/?0007/?448027/?Precint2_from-flyer.pdf

Features at a glance:
* 8 acres of RL zoned land located central to ever-growing suburb of Coolalinga
* 5 bedroom house, plus various sheds and demountables on property
* Full bitumen access from the Stuart Highway to the block
* 300m to the Coolalinga Shopping Centre
* 1km to the newly built Coolalinga Central Shopping Central
* 10km to the Palmerston CBD

Not much else needs to be said. The facts are this is a rare piece of land in a highly desirable area that continues to grow. With future expansion inevitable, Coolalinga will become an important link between Palmerston and Greater Rural area.

Property History for 25 Wells Creek Rd, Virginia, NT 0834

A timeline of how this property has performed in the market
Last Sold
$600,000
25 May 2018
  • 25 May 2018
    Sold for $600,000
  • 18 May 2017
    Listed for Sale $650,000
  • 01 Nov 2012
    Sold for $825,000

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About Virginia 0834

The size of Virginia is approximately 32.6 square kilometres. It has 1 park. The population of Virginia in 2011 was 2,042 people. By 2016 the population was 1,837 showing a population decline of 10.0% in the area during that time. The predominant age group in Virginia is 50-59 years. Households in Virginia are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Virginia work in a trades occupation. In 2011, 79% of the homes in Virginia were owner-occupied compared with 78% in 2016.

Virginia has 749 properties. Over the last 5 years, Houses in Virginia have seen a 28.38% increase in median value, while Units have seen a 68.03% increase. As at 30 November 2024:

  • The median value for Houses in Virginia is $719,488 while the median value for Units is $465,951.
  • Houses have a median rent of $798.
There are currently 12 properties listed for sale, and 4 properties listed for rent in Virginia on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Virginia.

Suburb Insights for Virginia 0834

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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.