OFF MARKET

38 Vanderlin Drive
Wagaman NT 0810

Bedrooms: 7
Bathrooms: 2
Car spaces: 6
Floor area: 359m2
Land area: 817m2
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Property Details for 38 Vanderlin Dr, Wagaman

38 Vanderlin Dr, Wagaman is a 7 bedroom, 2 bathroom House with 6 parking spaces and was built in 1980. The property has a land size of 817m2 and floor size of 359m2.

Building Type
House
Year Built
1980
Floor Size
359m2
Land Size
817m2
Local Government
Darwin
Lot/Plan
Loc 550 Lot 4316

Last Listing description (January 2024)

??LJ Hooker Are Proud To Present A Prime Investment Opportunity in Wagaman,
Darwin, NT ??

Are you looking for a lucrative real estate investment? Look no further! Presenting 38 Vanderlin Drive, Wagaman, a spacious property that is brimming with potential. This expansive 7-bedroom, 3-bathroom home is perfectly positioned for an astute buyer seeking a property with promising returns. Situated in the heart of Darwin, NT, and close to the university, this property is tailor-made for student housing, promising a steady income stream.

Key Features:

? 7 Bedrooms, 3 Bathrooms: Ample space for multiple occupants, making it ideal for student accommodation or a large family.

? Renovation Opportunity: Unleash your creativity! This property is a canvas waiting for your personal touch. Renovate and transform it into a modern living space, maximizing its potential and value.

? Large Parking Area: Convenient parking space for multiple vehicles, ensuring the comfort and convenience of the occupants.

? Proximity to University: Located in close proximity to the university, this property is a hotspot for students. An excellent choice for student housing, ensuring high occupancy rates and consistent rental income.

? Strategic Location: Enjoy the convenience of nearby amenities, including shops, restaurants, and public transport. The property's strategic location enhances its appeal for both students and professionals.

? Potential for High Rental Yield: With its size, location, and renovation potential, this property promises a high rental yield, providing you with a fantastic return on investment.

Don't miss out on this incredible opportunity to invest in a property with immense potential. Whether you're an investor looking for excellent rental returns or a homeowner eager to customize your dream space, 38 Vanderlin Drive is the ideal choice.

For more information or to schedule a viewing, contact us today! Invest in your future with this exceptional property in Wagaman, Darwin, NT. ??

Property will be sold vacant possession for futher information please call Rory Turner on 0451600030 or email rturner@ljhookerdarwin.com.au

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Property History for 38 Vanderlin Dr, Wagaman, NT 0810

A timeline of how this property has performed in the market
  • 23 Oct 2023
    Listed for Sale Auction 16th November 6.00pm

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About Wagaman 0810

The size of Wagaman is approximately 0.8 square kilometres. It has 5 parks covering nearly 10.5% of total area. The population of Wagaman in 2011 was 2,108 people. By 2016 the population was 2,160 showing a population growth of 2.5% in the area during that time. The predominant age group in Wagaman is 30-39 years. Households in Wagaman are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wagaman work in a professional occupation. In 2011, 61.4% of the homes in Wagaman were owner-occupied compared with 56.7% in 2016.

Wagaman has 747 properties. Over the last 5 years, Houses in Wagaman have seen a 17.24% increase in median value, while Units have seen a 16.84% increase. As at 31 October 2024:

  • The median value for Houses in Wagaman is $523,060 while the median value for Units is $277,878.
  • Houses have a median rent of $600 while Units have a median rent of $400.
There are currently 4 properties listed for sale, and 5 properties listed for rent in Wagaman on OnTheHouse. According to CoreLogic's data, 33 properties were sold in the past 12 months in Wagaman.

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