70/18 Salonika Street Parap NT 0820

1 / 1 / 2 / 110 m2

Here you can find what you need to know about 70/18 Salonika Street , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Parap, NT and much more.

Property photo of 70/18 Salonika Street Parap NT 0820
Property photo of 70/18 Salonika Street Parap NT 0820
Property photo of 70/18 Salonika Street Parap NT 0820
Property photo of 70/18 Salonika Street Parap NT 0820
Property photo of 70/18 Salonika Street Parap NT 0820
Property photo of 70/18 Salonika Street Parap NT 0820
Property photo of 70/18 Salonika Street Parap NT 0820
Property photo of 70/18 Salonika Street Parap NT 0820
Property photo of 70/18 Salonika Street Parap NT 0820
Property photo of 70/18 Salonika Street Parap NT 0820

Property Insights

70/18 Salonika Street Estimated Value

$225,000 - $250,000

About Estimated Values

An automated valuation model estimate (AVM Estimate) is a statistically derived estimate of the sale or rental value (as the context requires) of the subject property. An AVM Estimate is generated (i) by a computer driven mathematical model in reliance on available data; (ii) without the physical inspection of the subject property; (iii) without taking into account market conditions which may, together or separately, affect the value.

An AVM Estimate is current only at the date of publication or supply and must not be relied upon as a professional valuation or an accurate representation of the market sale or rental value of the subject property.

CoreLogic does not warrant the accuracy, currency or completeness of the AVM Estimate and to the full extent permitted by law, CoreLogic excludes all liability for any loss or damage howsoever arising in connection with an AVM Estimate.
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Last Sale details unavailable
This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated
Rent
High confidence
Gross
Cashflow
Unavailable
Estimated
Gross Yield
Low confidence
Example Only
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Pros & Cons

Things to like
  • Above market cashflow potential
  • Cheaper than comparable properties
  • Low risk of losing value
Things to look out for
  • Slower growth than market average

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the property Cashflow Score

Each property is given a score out of 100 based on one factor relating to the specific property and one factor relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has higher than average estimated gross yield and is located in a suburb with similarly high yielding properties.

This property National
Estimated
Gross Yield
Manly, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Capital Growth Score

Each property is given a score out of 100 based on one factor relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

This property National
Change in Property
Value (1 yr)
Manly, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Lower Risk Score

Each property is given a score out of 100 based on two factors relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to command higher rent than average and therefore attract higher income tenants. Furthermore, it is likely to be easier to sell in the future due to strong market health indicators in the suburb it is located in.

This property National
Change in Property
Value (5 yr)
Estimated weekly
rent
Manly, NSW National
Average Days
on Market
Change in Median
Price (5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

About this Property

Details

Bedrooms 1
Bathrooms 1
Car Spaces 2
Land Size 110 m2
Floor Area 59 m2
House Type Unit
Council Area Darwin
Year Built 2014
Zone n/a
Lot/Plan Parap NT
Property Type Unit

Last listing description (October 2013)

The Avenue - Setting the Benchmark
This apartment represents outstanding value in what is without a doubt one of Darwin???s most sought after new residential developments. This is a golden opportunity for an owner occupier or investor to secure the lowest priced 1 bedroom apartment in the stage 1 of The Avenue Precinct while achieving excellent capital gains during the course of construction.
??? Located in Stage 1 - ???Spirit on the Avenue???
??? One bedroom Apartment ??? the very popular ???Boardwalk??? design was completely sold out until this apartment was released back to the market today.
??? Spacious living area totaling 69m2 (62m2 of internal living + 7m2 balcony).
??? Excellent layout with separate laundry
??? Located high up on Level 9 overlooking all the resort style amenities below with lovely views of Fannie Bay, East Point and out to Nightcliff.
??? Two car parks on title located in the secure basement car park
??? Large 3m x 3m fully enclosed storeroom with power and lighting located in front of your car parks
??? Fully tiled throughout including bedroom. Double Shower.
Quality Fixtures & Finishes
??? Miele s/s appliances
??? Craftsmen built joinery
??? 9 foot ceilings
??? Imported 500mm x 500mm floor tiles
??? Essa Stone bench tops in kitchen & bathrooms
??? Fibre optic cabling
??? Pay TV points in living area & bedroom
??? Your choice of three ultra modern colour selections
??? Award winning Signature security and building management system in all apartments.
Position
The Avenue is superbly located on one of Darwin???s highest points in the Gardens??? Precinct. Overlooking Mindil Beach with sweeping views of the City and Darwin Harbour across the Botanical Gardens and sunset views of Fannie Bay to the west and north. On your doorstep are the Mindil and Parap markets, Ski Club, Sailing Club and Yacht Club. Conveniently located between major roads with ready access to bicycle and walking paths.
Darwin???s Leading Developer.
The winner of seven MBA awards for the Hastings Over Mindil development, Osborne Family Holdings (OFH), a Territory company, can rightly claim leading developer status in the NT.
The Avenue offers extremely reasonable body corporate rates. Compare what you get with our rates to what is on offer to other new developments around the CBD with our resort style amenities (over 6,000m2 ) located on the podium level ???
??? Manicured lawns & fully maintained gardens
??? Enormous Leisure Pool with Sundeck & BBQ entertaining pod
??? 25m two lane Lap Pool
??? Flood lit Tennis court
??? Games Room
??? 120m2 fully equipped gymnasium
??? 9 x BBQ Entertaining Pods
??? Deck Chair Cinema
??? Barramundi Pond
??? Basketball Court
??? Children???s Playground
??? Function Room with kitchen & audio visual equipment
??? Sports Field
??? Vegetable Gardens
??? Bird Avery
??? Cricket nets
??? Mini Golf circuit
??? Golf Practice Nets
??? Oversized Board Games ??? Chess, Backgammon & Scrabble
The Avenue precinct will also feature a large variety of retail shops, restaurants, medical centre, child care centre and supermarket.
Full time onsite management team ensuring the complex is maintained to the highest standard.
Stage One - Spirit on The Avenue will be completed and ready to occupy by early 2014, allowing plenty of time for the apartments to appreciate in value. Construction is well underway.
Body Corp - $1,105 per quarter (approx)
Council Rates $1,000 per year (approx)
Completion Date ??? First Quarter 2014
Terms ??? 10% cash deposit or bank guarantee. Balance to be paid at completion date.
Please visit our Sales Office in Nylander St, Parap to view a highly detailed scale model of the whole development and to obtain a comprehensive information pack.

Property Timeline

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Suburb Insights

Parap, NT 0820

No data available Part of: Darwin Council

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Demographic data provided
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29/18 Salonika St  2/ 2/ 2
Here you can find everything you need to know about 70/18 Salonika Street, including the property sale history and estimated market value as well as insights into Salonika Street and Parap 70/18 Salonika Street Parap NT 0820