6/4 Wells StreetParap NT 0820
Property Details for 6/4 Wells St, Parap
6/4 Wells St, Parap is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 95m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 2 bedroom Unit sold in Parap in the last 12 months.
Last Listing description (September 2025)
* Sold from our extensive data base prior to being advertised.
Located across the road from the Fannie Bay Racecourse this solid little investment is a perfect addition to the profolio. Low overheads, great location and solid rental returns this property makes this an easy decision from an investment point of view. Whether a first time an investor or someone with their own portfolio, this property ticks all the boxes.
Features include:
* Fully tiled throughout.
* Airconditioned bedrooms
* Updated kitchen
* Off street parking for one car
* Fantastic location
Sold with a tenant in place for an instant return on your investment.
Property History for 6/4 Wells St, Parap, NT 0820
- 22 Sep 2025Sold for $305,000
- 25 Nov 2022Listed for Rent - Price not available
- 29 Apr 2022Sold for $264,000
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0About 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 1,833 properties. Over the last 5 years, Houses in Parap have seen a 34.96% increase in median value, while Units have seen a 39.19% increase. As at 31 December 2025:
- The median value for Houses in Parap is $910,808 while the median value for Units is $410,610.
- Houses have a median rent of $650 while Units have a median rent of $610.
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