39 Larapinta Dr, Gillen is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 991m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in August 2009.
Set on a generous 1,000 sqm allotment, this property presents a multiple dwelling opportunity in a sought-after central location. The existing solid three-bedroom, one bathroom dwelling is well maintained and currently leased at $525 per week, providing an approximate 6.2% return.
The tenancy is periodic, with tenants due to vacate, offering flexibility for buyers planning redevelopment, investment repositioning, or owner occupation in the current financial year.
The large rear yard provides scope for further improvement or future development (STCA).
Additional improvements include a 6m x 5m shed and established services. This property will appeal to developers, investors, or owner occupiers seeking land size, location, and future options.
For further details or to arrange an inspection, contact Ianne 0407 864 656 or Kura 0437 366 265
Multiple Dwelling Opportunity on 1000 sq metres of prime land
Currently rented @ $525 per week for a 6.2% return
Tenants will be vacating and the sellers have other plans for next financial year
We are looking for a developer, an investor or a new owner occupier who sees the future options.
The large rear yard in this fabulous central location needs transforming
Very tidy 3 bedroom, 1 bathroom solid dwelling
Shed - 6m x 5m
Rental: $525 per week
Lease: Periodic
Council Rates: $2,995.47 FY 2026
The size of Gillen is approximately 2.6 square kilometres. There are 13 parks, covering nearly 8.0% of the total area. The population of Gillen in 2016 was 4278 people. By 2021 the population was 4466 showing a population growth of 4.4% in the area during that time. The predominant age group in Gillen is 30-39 years. Households in Gillen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gillen work in a professional occupation.In 2021, 56.50% of the homes in Gillen were owner-occupied compared with 54.60% in 2016.
Gillen has 2,011 properties. Over the last 5 years, Houses in Gillen have seen a -4.28% decrease in median value, while Units have seen a 1.83% increase. As at 31 May 2026:
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