7/16 Somerville GardensParap NT 0820
Property Details for 7/16 Somerville Gdns, Parap
7/16 Somerville Gdns, Parap is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1984. The property has a land size of 3595m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in July 2017.
Last Listing description (March 2018)
Located in a small complex this ground level unit is a great affordable first home or investment property.
The tiled open plan living area opens to the verandah and private paved courtyard. The kitchen is functional but needs a little TLC which gives you the opportunity to add your own touch to the place.
Two spacious bedrooms offer built in robes and the bathroom incorporating the laundry is generous in size.
Fully air conditioned, tiled and freshly painted.
Situated in a great location within walking distance to the popular Parap markets and public transport.
Property History for 7/16 Somerville Gdns, Parap, NT 0820
- 14 Jul 2017Sold for $325,000
- 15 Feb 2017Listed for Sale $325,000
- 02 Nov 2013Listed for Rent - Price not available
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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 1,831 properties. Over the last 5 years, Houses in Parap have seen a 35.45% increase in median value, while Units have seen a 25.50% increase. As at 28 February 2026:
- The median value for Houses in Parap is $945,679 while the median value for Units is $387,041.
- Houses have a median rent of $650 while Units have a median rent of $620.
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