5/8 Lovegrove DriveAraluen NT 0870
Property Details for 5/8 Lovegrove Dr, Araluen
Last Listing description (June 2024)
For the first home buyer or someone looking to start an investment portfolio, this unit is perfect! Close to town, schools and many popular walking tracks.The open plan lounge and dining area is large and tiled for easy maintenance. The kitchen offers masses of bench space with a dishwasher and laundry adjacent. Upstairs, the master bedroom is a great size and there is a second bedroom for guests. The bathroom is well designed with a bath, shower, vanity and toilet. The rear courtyard offers a perfect spot to relax and there is undercover parking out the front.Currently on a periodic lease for $350 p.w.- Open plan living and dining- Kitchen with masses of bench space- Courtyard perfect for relaxing- Perfect for the first home buyer- Close to town, schools and many popular walking tracks- Currently on a periodic lease for $350 p.w.
Property History for 5/8 Lovegrove Dr, Araluen, NT 0870
- 02 May 2023Sold for $255,000
- 25 Aug 2022Listed for Rent $380 / week
- 14 Mar 2022Sold
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0About Araluen 0870
The size of Araluen is approximately 4.2 square kilometres. It has 7 parks covering nearly 1.2% of total area. The population of Araluen in 2016 was 2706 people. By 2021 the population was 2673 showing a population decline of 1.2% in the area during that time. The predominant age group in Araluen is 30-39 years. Households in Araluen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Araluen work in a professional occupation.In 2021, 55.00% of the homes in Araluen were owner-occupied compared with 55.20% in 2016.
Araluen has 1,113 properties. Over the last 5 years, Houses in Araluen have seen a 4.12% increase in median value, while Units have seen a 14.94% increase. As at 30 November 2025:
- The median value for Houses in Araluen is $491,524 while the median value for Units is $315,892.
- Houses have a median rent of $710 while Units have a median rent of $500.
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