16 Corry StreetBellamack NT 0832
Property Details for 16 Corry St, Bellamack
16 Corry St, Bellamack is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 2012. The property has a land size of 829m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in June 2020.
Last Listing description (May 2019)
As an NRAS approved property this provides a substantial annual tax-free incentive per dwelling to investors who build and rent approved dwellings at a rate that is a least 20 per cent below the prevailing market rate, to low and moderate income households.
This well designed NRAS, solid built property comprising of four large bedrooms, 2 bathrooms a separate self contained granny flat, double carport, side access all on a large 831m2 block in one of Palmerston's newer residential suburbs is ideal for both the astute investor or families that want something different.
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Granny Flat:
- Fully self contained granny flat boasting an open concept design including the kitchen living/dining area.
- Tiled and air-conditioned through out with an internal laundry.
- Private side access the granny flat
- Fenced rear verandah area with it s own yard and
Main House:
- Modern electric kitchen with ample cupboard space, pantry and double sink
- Large double carport and separate driveway to the granny flat & yard space with a fence out the back dividing the land
- Open plan living, dining and kitchen area tiled & air-conditioned throughout
- Generous bedrooms with tiled flooring and mirrored built-in robes
- Extra features included Internal laundry linen press, back verandah, side portico, built-in storeroom all situated on a large 728m2 allotment
What is the annual NRAS incentive?
The NRAS incentive is an annual amount, indexed annually provided to approved participants for each approved dwelling which complies with the conditions of the allocation of incentive for the dwelling. The incentive comprises:
* An Australian Government contribution per dwelling per year for up to 10 years as either a tax offset or cash (for endorsed charitable organisations who have not made an election to receive a tax offset).
* State and Territory Governments may offer approved participants a contribution per dwelling per year as direct payment or payment in-kind.
Bellamack has a total 670 lots appox, this makes it the smallest Palmerston suburb with the most amenities including a new pub, cafes, sporting complex, walking trails and excellent schools all just down the road.
Council Rates: Approx $1,700 approx per annum
Year Built: 2012
Area Under Title: 831m2
Purchasing Options:
Option (1) INVESTOR
Main House: Rented until 8/3/2019 @ $380 p/w + $215 p/w NRAS Certificate incentive expiry 2022
Granny Flat: Rented until 29/7/2019 @ $240 p/w + $215 p/w NRAS Certificate incentive expiry November 2022
OPTION 2 FIRST HOME BUYER OR EXISTING HOME BUYER
The ability to retain only (1) Incentive, either house or granny flat and live in the other as an owner/occupier let the incentive and rent pay the mortgage!
OR OPTION 3 FULL OWNER/OCCUPIER
Drop the incentives off and live in the house completely (subject to lease expiry)
Property History for 16 Corry St, Bellamack, NT 0832
- 25 Jun 2020Sold for $500,000
- 08 Jan 2018Listed for Sale Not Disclosed
- 25 May 2012Sold for $234,500
Recent sales nearby
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About Bellamack 0832
The size of Bellamack is approximately 1.3 square kilometres. It has 5 parks covering nearly 20.4% of total area. The population of Bellamack in 2016 was 2458 people. By 2021 the population was 2423 showing a population decline of 1.4% in the area during that time. The predominant age group in Bellamack is 30-39 years. Households in Bellamack are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bellamack work in a community and personal service occupation.In 2021, 38.50% of the homes in Bellamack were owner-occupied compared with 36.50% in 2016.
Bellamack has 962 properties. Over the last 5 years, Houses in Bellamack have seen a 37.31% increase in median value, while Units have seen a 12.78% increase. As at 30 November 2025:
- The median value for Houses in Bellamack is $762,161 while the median value for Units is $339,934.
- Houses have a median rent of $700 while Units have a median rent of $550.
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