12/1 Progress DriveCoconut Grove NT 0810
Property Details for 12/1 Progress Dr, Coconut Grove
12/1 Progress Dr, Coconut Grove is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 94m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in December 2014.
Last Listing description (November 2014)
AN AFFORDABLE INVESTMENT OR FIRST HOME
This ground level unit is currently rented on a short term, 3 month lease at $460 per week - that's a massive 7.2% rental yield. The unit is so close to everything! Nearby transport, entertainment venues, shopping complexes and walking distance to the beach! Open plan kitchen, dining and living with a separate second living area which could also be turned into the kids' playroom or study. The modern kitchen has plenty of cupboards, a microwave space, under bench oven and electric cook top and has plenty room for a large fridge and can even fit a chest freezer. Both of the generous sized bedrooms have built in mirrored wardrobes and split air-conditioning. There is a massive laundry with plenty of shelving and a neat bathroom with a shower, vanity and W/C. Tiled and security screened throughout. This is an incredible opportunity for first home buyers or investors. Opportunities like this don't come around often and don't last long! Body Corporate managed by Whittles. Fees approximately $957 p/q.
Property History for 12/1 Progress Dr, Coconut Grove, NT 0810
- 09 Dec 2014Sold for $316,000
- 29 May 2014Listed for Sale $330,000
- 20 Dec 2012Sold for $60,590
Recent sales nearby
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About Coconut Grove 0810
The size of Coconut Grove is approximately 1.7 square kilometres. It has 8 parks covering nearly 22.6% of total area. The population of Coconut Grove in 2016 was 3050 people. By 2021 the population was 2892 showing a population decline of 5.2% in the area during that time. The predominant age group in Coconut Grove is 30-39 years. Households in Coconut Grove are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coconut Grove work in a professional occupation.In 2021, 36.30% of the homes in Coconut Grove were owner-occupied compared with 37.40% in 2016.
Coconut Grove has 1,865 properties. Over the last 5 years, Houses in Coconut Grove have seen a 42.46% increase in median value, while Units have seen a 43.79% increase. As at 30 November 2025:
- The median value for Houses in Coconut Grove is $659,406 while the median value for Units is $388,189.
- Houses have a median rent of $590 while Units have a median rent of $550.
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