205/2 Elsey St, Parap is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2017. The property has a land size of 1278m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in September 2019.
Ideally positioned in the hub of the Parap Village precinct, this modern two bedroom two bathroom apartment is the perfect home or investment property.\n205/2 Elsey Street, is one of just 14 executive style apartments in the boutique 'Essence Parap' building. There is a high level of finishes throughout including beautiful stone benchtops in the kitchen and bathrooms, on trend timber look ceramic tiles, spacious and luxurious bathrooms and two secure carparks on title. Other features of the apartment include a large open plan living area, generous bedrooms, a good sized outdoor entertainment area and a great pool precinct surrounded by lush colourful gardens.\nParap has long been one of Darwin's most sought after residential suburbs and this property is right in the beating heart of Darwin's only real village style precinct. It is just a short walk to Parap Markets, amazing international restaurants, trendy caf 's, boutiques, art galleries, Parap Fine Foods and one of Darwin's best pubs and Steak House.\nJust a bit further down the road is the brand new Parap Swimming Complex, free tennis courts, Fannie Bay Race Course, the Darwin Sailing Club, the Trailer Boat Club and the Ski Club. You are also just a 5 minute drive to the CBD and all that it has to offer.\nThe many features include:\n- Spacious and modern home\n- High quality finishes throughout\n- Stone benchtops\n- Timber look tiles\n- Airconditioned throughout\n- Large private balcony \n- Lots of cupboards\n- 2 Secure carparks\n- Intercom system \n- Great privacy and security\n- Excellent pool precinct\n- Elevator in building\n- Close to Parap Village, Parap Swimming Centre, local schools, Turf Club, foreshore and much much more.\n- Short drive to the CBD, Waterfront Precinct, Cullen Bay with their restaurants, cafes and more.\nBody Corporate: $4,652 p/a\nCouncil Rates: $1,431 p/a
The size of Parap is approximately 1.1 square kilometres. It has 11 parks covering nearly 11.7% of total area. The population of Parap in 2016 was 2747 people. By 2021 the population was 2819 showing a population growth of 2.6% in the area during that time. The predominant age group in Parap is 30-39 years. Households in Parap are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Parap work in a professional occupation.In 2021, 36.10% of the homes in Parap were owner-occupied compared with 34.10% in 2016.
Parap has 1,830 properties. Over the last 5 years, Houses in Parap have seen a 35.61% increase in median value, while Units have seen a 44.57% increase. As at 31 January 2026:
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