4/1 Progress DriveCoconut Grove NT 0810
Property Details for 4/1 Progress Dr, Coconut Grove
4/1 Progress Dr, Coconut Grove is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 94m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
Last Listing description (January 2023)
This ideally located apartment sits on the first floor of a well presented complex, and has a car park at the front door as well as plenty of off street parking nearby.
The apartment itself is located away from the road, and is accessible via Hart Court.
The apartment is tiled throughout and has a/c in every room. Windows in the kitchen and across to the balcony door give options for airflow, and the open plan living and dining area are extended onto the balcony via sliding doors.
Each of the two bedrooms are well sized and include tiled flooring and A/C with large windows to let in the natural light. and include built in robes.
The bathroom offers a shower and vanity and mosaic tiled flooring underfoot. There is also a laundry room with lots of space for extra storage, and potential to have a second shower built in or cabinets added for extra organisation.
The Nightcliff Foreshore, Jetty and swimming pool are all a stone's throw away. Enjoy the pop up food vans along the foreshore, picnics at the cliffs, sunset walks, kite surfing or fishing off the jetty. The Nightcliff Markets are on every Sunday morning and you can even duck down the street to the Rapid Creek Markets on a Saturday as well!
Currently rented at $380 per week with a lease in place until June 2023, this apartment brings an excellent return for investors!
Property History for 4/1 Progress Dr, Coconut Grove, NT 0810
- 27 Jan 2023Sold for $250,000
- 16 Sep 2022Listed for Sale $285,000 ono
- 27 May 2021Listed for Rent $380 / week
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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