5/5 Mitaros Place, Parap, NT 0820 | Unit for sale | OnTheHouse
 
FOR SALE
PRICE GUIDE $550,000

5/5 Mitaros Place
Parap NT 0820

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 184m2
Land area: 184m2
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LEASE FREE – OVERSIZED APARTMENT

Vacant and lease-free at settlement, this exceptional residence is ready for immediate occupation or instant rental return. Positioned quietly within the rear tower of the tightly held Mitaros Place complex, this substantial three-bedroom, two-bathroom apartment delivers space, privacy, and lifestyle in equal measure.
Set well back from the main road and backing directly onto parklands, tennis courts, and the Parap Pool precinct, the outlook is green and peaceful and only moments from the Fannie Bay foreshore, this is apartment living done properly, with the scale and comfort of a home.
Property Highlights
• Fully furnished with quality inclusions, ideal for Airbnb or immediate move-in
• Three genuinely large bedrooms, all comfortably accommodating king-size beds
• Expansive open-plan lounge, dining, and kitchen with excellent natural flow
• Stone-topped kitchen benchtops enhancing the sense of luxury
• Oversized private patio flowing directly from the living area, perfect for outdoor entertaining
• Quiet rear tower position, well removed from traffic and road noise
• Parkland, tennis court, and pool outlooks creating a relaxed, resort-style feel
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Property Details for 5/5 Mitaros Pl, Parap

5/5 Mitaros Pl, Parap is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 184m2 and floor size of 184m2. The place is currently for sale with Elders Real Estate Darwin.

Building Type
Unit
Floor Size
184m2
Land Size
184m2
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About Parap 0820

The size of Parap is approximately 1.1 square kilometres. It has 11 parks covering nearly 11.7% of total area. The population of Parap in 2016 was 2747 people. By 2021 the population was 2819 showing a population growth of 2.6% in the area during that time. The predominant age group in Parap is 30-39 years. Households in Parap are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Parap work in a professional occupation.In 2021, 36.10% of the homes in Parap were owner-occupied compared with 34.10% in 2016.

Parap has 1,832 properties. Over the last 5 years, Houses in Parap have seen a 34.96% increase in median value, while Units have seen a 39.19% increase. As at 31 December 2025:

  • The median value for Houses in Parap is $910,808 while the median value for Units is $410,610.
  • Houses have a median rent of $650 while Units have a median rent of $610.
There are currently 13 properties listed for sale, and 14 properties listed for rent in Parap on OnTheHouse. According to Cotality's data, 104 properties were sold in the past 12 months in Parap.

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Colin Morrow
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Elders Real Estate Darwin
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