37/15 Fairweather Cres, Coolalinga is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2025.
Real Estate Central Projects are pleased to present to the market a selection of modern apartments at 15 Fairweather Crescent, Coolalinga, NT. A Variety of Modern Apartments appealing to owner occupiers and investors...The key attributes of this opportunity are as follows:Assortment of one and two bedroom apartmentsAll units are leased to the Chief Executive Officer (Housing) until May 2025, thereafter the lease will continue on monthly holdover.This allows prospective purchasers to obtain vacant possession with 30 days notice or continue collecting a strong gross rental whilst potentially negotiating an extended lease with the tenant.Gross rental returns range from $520 a week (2 bed units) to $390 a week (1 bed units).This equates to $20,280 to $27,040 per annum on leased units.There is a market review on 7 May 2025 which may allow positive rental escalation.Adjacent to Coolalinga Shopping Centre which accommodates a Coles supermarket and KMART.Close to public transport and other amenity.Please Note: Photos provided are of a two bedroom display unit for illustrative purposes.For further information please contact the marketing agents at Real Estate Central:Daniel Harris - 0430 350 631daniel.harris@recentral.com.auKylie Westbrook - 0478 401 428kylie.westbrook@recentral.com.au
The size of Coolalinga is approximately 1.1 square kilometres. It has 1 park. The population of Coolalinga in 2016 was 548 people. By 2021 the population was 510 showing a population decline of 6.9% in the area during that time. The predominant age group in Coolalinga is 20-29 years. Households in Coolalinga are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coolalinga work in a clerical occupation.In 2021, 28.50% of the homes in Coolalinga were owner-occupied compared with 26.90% in 2016.
Coolalinga has 340 properties. Over the last 5 years, Houses in Coolalinga have seen a -16.58% decrease in median value, while Units have seen a 24.89% increase. As at 30 April 2026:
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