7/5 Mitaros Place, Parap, NT 0820 | Property Value & History | OnTheHouse
OFF MARKET

7/5 Mitaros Place
Parap NT 0820

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 139m2
Land area: 182m2
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Property Details for 7/5 Mitaros Pl, Parap

7/5 Mitaros Pl, Parap is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2012. The property has a land size of 182m2 and floor size of 139m2. While the property is not currently for sale or for rent, it was last sold in February 2025.

Building Type
House
Year Built
2012
Floor Size
139m2
Land Size
182m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 8020/U2012/002

Last Listing description (January 2025)

To access all relevant documents for this property, please copy and paste the following link into your web browser: https://vltre.co/IBMofE

Key Information:
Council Rates: Approx. $1,500 per annum

Rental Appraisal: $650-$680
Year Built: 2012
Area Under Title: 182 sqm
Zoning: MR (Medium Density)
Status: Vacant, Ready to Occupy or Lease
Body Corporate: Managed by North Management
Body Corporate Levies: Approx. $1,589 per quarter
Sinking Fund: $170 per quarter
Settlement Period: 30-45 days preferred
Deposit: 10% (variations available upon request)
Easements: None found

Discover Unparalleled Luxury in Parap

Step into a lifestyle of modern elegance and unbeatable convenience with this immaculate three-bedroom apartment. Located just moments from the stunning Fannie Bay foreshore, this property boasts thoughtful upgrades, fresh updates, and an enviable location in the heart of Parap. Whether you're entertaining on the expansive balcony, relaxing in the stylish interiors, or enjoying the vibrant local amenities, this home has everything you've been dreaming of.

Why Parap?

Parap is one of Darwin's most sought-after suburbs, known for its lively atmosphere, coastal charm, and close-knit community. From the iconic Parap Markets bursting with fresh local produce and delicious food, to its proximity to schools, shopping, and the CBD, this location offers an unparalleled blend of lifestyle and convenience. It's the perfect place to call home or invest with confidence.

Why this apartment?

Freshly Updated: Entire apartment freshly painted for a vibrant and modern feel.
Enhanced Lighting: New dim lights create a warm, sophisticated ambiance.
Upgraded Comforts: Brand-new ceiling fans offer optimal airflow and style.
Functional Additions: Extra cupboards in the laundry provide practical storage solutions.
Stylish Kitchen: Granite bench tops, stainless steel appliances, and a brand-new stovetop for culinary excellence.
Open-Plan Living: Seamless flow from spacious living areas to a semi-enclosed entertainer's balcony.
Entertainer's Delight: Private balcony with a built-in BBQ and tranquil views with no onlookers.
Master Retreat: Large built-in robe and a chic ensuite with an oversized shower.
Additional Bedrooms: Light-filled second and third bedrooms with built-in robes.
Elegant Main Bathroom: Oversized shower, floor-to-ceiling tiles, and sleek granite vanity.
Convenience: Internal laundry with additional cupboards and a built-in linen cupboard.
Resort-Style Living: Enjoy a fenced in-ground lap pool with shade sail, lush gardens, and a lawn.
Secure Parking: Allocated spaces for two vehicles in a secure, sought-after complex.
The Perfect Home or Investment
Whether you're a professional couple, a growing family, a downsizer, or an astute investor, this bright, contemporary apartment ticks all the boxes. Its location, lifestyle, and low-maintenance design make it a standout opportunity in today's market.

Don't miss your chance to make this stunning apartment yours!

Call Akansh Batta today at 0483 333 235 or email akansh.batta@darwin.rh.com.au to arrange your private inspection.

Property History for 7/5 Mitaros Pl, Parap, NT 0820

A timeline of how this property has performed in the market
Last Sold
$520,000
05 Feb 2025
Listed for Rent
$450/w
30 Nov 2018
  • 05 Feb 2025
    Sold for $520,000
  • 04 Jan 2025
    Listed for Sale Buying Guide $530,000
  • 02 Dec 2019
    Sold for $388,000
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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 1,834 properties. Over the last 5 years, Houses in Parap have seen a 35.02% increase in median value, while Units have seen a 60.42% increase. As at 31 March 2026:

  • The median value for Houses in Parap is $961,334 while the median value for Units is $427,196.
  • Houses have a median rent of $835 while Units have a median rent of $615.
There are currently 10 properties listed for sale, and 5 properties listed for rent in Parap on OnTheHouse. According to Cotality's data, 127 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.