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60 Gregory Street,
Parap NT 0820

This property is Off Market

All about Parap Homes for sale in Parap


  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 1.29 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Powerlines within 200m 0
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About Parap

With an average age of 35, households expect an average monthly mortgage payment of $1,755 or a weekly rent payment of $269. The average family earns a weekly income of $1,762 with a typical household size of 1.9 and a 91.75% employment rate.

Consistent high demand relative to supply is a key feature in Parap driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Parap ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Parap provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Parap requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 12%)

Are people healthy?

There are a recorded 216 asthma sufferers and 132 people living with diabetes. In addition, 74 people have a heart/vascular condition and 152 people live with three or more chronic diseases.

A good place to invest in property?

Parap a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Northern Territory State average 44 / 100

Income

92 / 100

55 / 100

Industry

41 / 100

29 / 100

Population

64 / 100

50 / 100

House Prices

94 / 100

61 / 100

Jobs

33 / 100

27 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • Darwin High School

    The Gardens, NT, 0820 State U, 10-12

  • Stuart Park Primary School

    Stuart Park, NT, 0820 State P-6

  • Northern Territory School of Distance Education

    The Gardens, NT, 0820 State 7-12

  • Ludmilla Primary School

    Ludmilla, NT, 0820 State P-6

  • Darwin Middle School

    The Gardens, NT, 0820 State 7-9

  • Parap Primary School

    Parap, NT, 0820 State P-6


Property Story

60 Gregory Street, Parap, Nt, 0820 is a residential property with 5 bedrooms, 3 bathrooms and 3 Parking spaces. The estimated distance to the sea is only 1.29km and 0.81KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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