4/27 Parap Road, Parap, NT 0820 | Property Value & History | OnTheHouse
OFF MARKET

4/27 Parap Road
Parap NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 1540m2
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Property Details for 4/27 Parap Rd, Parap

4/27 Parap Rd, Parap is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 1540m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
1981
Floor Size
84m2
Land Size
1540m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 3462/UP 81/017

Last Listing description (November 2024)

Phone enquiries - please quote property ID 34759.

Located in the vibrant heart of Parap, this charming 2-bedroom villa offers an exceptional lifestyle directly opposite the renowned Parap markets, and boutique cafes, restaurants and shops. Nestled in a private, Bali-inspired garden with a relaxing magnesium spa, this pet-friendly villa provides a tranquil retreat just minutes from Darwin's CBD.

Currently thriving as an Airbnb, this beautifully presented property provides endless opportunities, whether you're looking for a home, investment, or a fully-equipped business venture.

Key Features:

* Expansive open-plan living and dining areas, with multiple entries to the wrap-around courtyard
* Lush, tropical garden with a private spa set amongst the foliage
* Well-equipped kitchen with ample storage, induction cooktop, and internal laundry
* Master bedroom opens onto the courtyard and spa, with a large built-in robe
* Easy-clean bathroom with high-quality fixtures, a large shower/bath, and a separate toilet
* Air-conditioned and tiled throughout, with ceiling fans and excellent natural airflow
* Pet-friendly, ground-level, end villa with secure gate access to the courtyard
* Covered carport with an additional car space

Step inside this serene oasis, and you'll feel like you're on holiday. The large, open-plan living spaces flow seamlessly into the tropical courtyard, perfect for entertaining. The garden is a true highlight, with orchids, gingers, and other tropical plants flourishing under automatic misting irrigation, and keeping the whole home cool.

With its prime location, just a short walk to Parap Primary, Parap Pool complex, and the stunning Fannie Bay foreshore, this villa is ideal for those seeking a relaxed yet convenient lifestyle. The property is currently rented short-term on Airbnb, offering an impressive return, and can be sold fully furnished and equipped.

Additional Information:

Council Rates: Approx $1,678 per annum
Body Corporate: $1,117 per quarter, including sinking fund
Year Built: 1981
Zoning: MR (Medium Density)
Status: Short-term Airbnb rental, averaging $1,180 per week with 75% occupancy

Don't miss the opportunity to own this unique villa in a sought-after location. Contact us today to arrange a viewing.

DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.

Property History for 4/27 Parap Rd, Parap, NT 0820

A timeline of how this property has performed in the market
Last Sold
$395,000
10 Dec 2021
  • 27 Aug 2024
    Listed for Sale Not Disclosed
  • 10 Dec 2021
    Sold for $395,000
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About Parap 0820

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:

  • The median value for Houses in Parap is $934,308 while the median value for Units is $410,269.
  • Houses have a median rent of $670 while Units have a median rent of $620.
There are currently 11 properties listed for sale, and 10 properties listed for rent in Parap on OnTheHouse. According to Cotality's data, 109 properties were sold in the past 12 months in Parap.

Suburb Insights for Parap 0820

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.