SOLD
Sold on 20 Nov 2024 for $275,000

15 Lorikeet Street
Wulagi NT 0812

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 154m2
Land area: 817m2
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Property Details for 15 Lorikeet St, Wulagi

15 Lorikeet St, Wulagi is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1979. The property has a land size of 817m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 4 bedroom House sold in Wulagi in the last 12 months.

Building Type
House
Year Built
1979
Floor Size
154m2
Land Size
817m2
Local Government
Darwin
Lot/Plan
Loc 685 Lot 1456/S 71/224L

Last Listing description (November 2024)

Why? Well, for those that have the skills, this might just make sense. For most, it wont.
You see, it's all about perspective. Great location, and literally the worst house (partial house) in the street.

What Happened?
Well, it caught fire. How? Not sure.

What's left? It's certainly not a turn-key home (there's no front door for the key). Just the block work really, everything else is compromised.
The Floor Plan? 4 bedrooms + study and store. There's two bathrooms, but they'll both require an upgrade from their current state !

Who's buying? Someone who sees value in what's left. You'll pay for the land and get a partial dwelling for free. Do the sums and it'll make sense for those that know. Tradesman/Developer, you know the type. Someone who has the skills and contacts.
The slab is good, as are the walls. Those two alone are worth a considerable build value alone.

Interested?

Give darren@central a call, and he'll show you why it just makes sense.

Council Rates: $2,000 per annum (approx.)
Date Built: 1979
Area Under Title: 817 square metres
Zoning Information: LR (Low Density Residential)
Status: Vacant possession
Easements as per title: None found

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Property History for 15 Lorikeet St, Wulagi, NT 0812

A timeline of how this property has performed in the market
Last Sold
$275,000
20 Nov 2024
  • 20 Nov 2024
    Sold for $275,000
  • 02 Sep 2024
    Listed for Sale SOLD
  • 06 Aug 2024
    Sold for $150,000
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About Wulagi 0812

The size of Wulagi is approximately 1.3 square kilometres. It has 8 parks covering nearly 15.3% of total area. The population of Wulagi in 2011 was 2,619 people. By 2016 the population was 2,425 showing a population decline of 7.4% in the area during that time. The predominant age group in Wulagi is 0-9 years. Households in Wulagi are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Wulagi work in a professional occupation. In 2011, 67.4% of the homes in Wulagi were owner-occupied compared with 67.3% in 2016.

Wulagi has 892 properties. Over the last 5 years, Houses in Wulagi have seen a 31.19% increase in median value, while Units have seen a 22.30% increase. As at 30 November 2024:

  • The median value for Houses in Wulagi is $538,451 while the median value for Units is $361,549.
  • Houses have a median rent of $600.
There are currently 4 properties listed for sale, and 1 property listed for rent in Wulagi on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Wulagi.

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