49 Dripstone Rd, Alawa is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1980. The property has a land size of 798m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
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Enjoy amazing rental returns of 8% + with this excellent buying opportunity.
This UNIQUE property features TWO separate HOUSES.
GREAT Location with a two minute walk to Casuarina Shopping Square, the Central Hub of the Northern Suburbs. It's close to all other amenities including Schools, Charles Darwin University Casuarina Campus, Public/Private Hospital and Casuarina Beach.
GROUND LEVEL HOME FEATURES
3 Spacious bedrooms with built in cupboards (new in 1 and 2)
Bathroom has new basin tap with new shower screen and new toilet
Lounge/Dining room
Kitchen has ample cupboards from floor to ceiling with pantry, new oven, gas cooktop and rangehood
All new fans throughout
New downlights and lights throughout
All rooms have A/C with new A/C in lounge and third bedroom
All new laundry fixtures
New ample linen and storage cupboards in hallway
Tiled floors throughout
Freshly painted
ELEVATED HOME FEATURES
3 Spacious bedrooms with built in cupboards
Spacious bathroom with shower and room for a washing machine if desired
Separate toilet with wash basin and cabinet
Hallway linen cupboard
Open plan Lounge, Dining and Kitchen.
Kitchen has stone bench tops with plenty of cupboard space.
The kitchen also features a mobile Island bench with matching cupboards and drawers allowing change within your kitchen design
Electric Oven and Glass Cooktop
All tinted louvres throughout
All blinds throughout
Wall lights and downlights
All rooms have A/C
Tiled floors throughout
2x sliding glass doors lead out to a tiled under cover patio with overhead fan
Small comms cabinet in linen cupboard distributing data and TV cables throughout
ADDITIONAL FEATURES
New black aluminium fence 1800 high with the latest BFT low voltage ultra sliding gate motor
5 Car parking spaces
Underground plumbing existing in slab for future installation of back verandah shower, toilet and kitchen
Massive concrete undercover area with fluro lights and fans throughout
Generator change over switch to power both houses in case of an emergency
Water fountain feature in front yard
This FANTASTIC Unique property is ideal for those with extended family or looking for an extra income/investment as a rental.
Additional Information as follows:
Council Rates: Approx $1810 per annum
Year Built: 1980
Planning Scheme Zone: LR (Low Density Residential)
Area under Title: 817 sqm
Status: Vacant Possession
Rental Estimate: $1200 - $1300 per week
Settlement Period: 45 days
Easements as Per Title: Sewerage Easement to Power and Water Authority
OPENN NEGOTIATION: is the new transparent method of sale allowing buyers to bid with approved terms and conditions.
The size of Alawa is approximately 1.3 square kilometres. It has 13 parks covering nearly 50.2% of total area. The population of Alawa in 2016 was 2127 people. By 2021 the population was 2078 showing a population decline of 2.3% in the area during that time. The predominant age group in Alawa is 30-39 years. Households in Alawa are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Alawa work in a professional occupation.In 2021, 59.80% of the homes in Alawa were owner-occupied compared with 63.10% in 2016.
Alawa has 839 properties. Over the last 5 years, Houses in Alawa have seen a 25.73% increase in median value, while Units have seen a 28.00% increase. As at 30 November 2025:
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