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303/12 Salonika Street, Parap NT 0820

Buying Guide $390,000

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$390k - $410k Transparent Transparent Listing Based on an openly advertised listing price.

Apartment 1 Bed 1 Bath 1 Car 121 m²

Listed: 4 days ago

Overview

Situated in a prized podium-level position within The Avenue complex, this furnished one-bedroom apartment offers a unique fusion of resort-style comfort and astute investment appeal, ideally located in the vibrant heart of Parap. Spanning an impressive 121 square metres on title—including a secure undercover car park and storeroom—this apartment delivers a thoughtful layout that enhances functionality while providing a sense of spaciousness rare for a one-bedroom residence.

The direct access from the apartment to an outdoor deck seamlessly extends your living space, opening to an array of exceptional communal facilities that elevate everyday living. Residents benefit from a resort-style swimming pool, a fully equipped gymnasium, scenic fish ponds, landscaped gardens, and multiple BBQ and entertaining areas, alongside a function room designed to accommodate social gatherings. Such amenities cater perfectly to those valuing a balanced lifestyle that combines relaxation, fitness, and social engagement within their home environment.

Practical features such as air conditioning ensure year-round comfort, making the apartment an attractive proposition for first-home buyers, investors, or professionals seeking a low-maintenance city base. Currently leased on a periodical tenancy at $525 per week, it offers immediate rental returns with flexibility for future personal use.

The location further enhances the property's desirability, positioned just moments from Parap Village's lively markets, cafés, and restaurants, while also providing easy access to Darwin's CBD, Mindil Beach, Fannie Bay, and the waterfront precincts. This connectivity supports a lifestyle rich in convenience and leisure, making it well suited to those seeking both investment security and an engaging urban lifestyle in Northern Australia's tropical capital.

Local Market Insights

In Parap, Quiet Listings observed 6 new apartments entering the market over the last 30 days, up from 3 during the previous 30-day period, with an average advertised asking price of $550,833. The property type mix of listed properties is predominantly Houses at 45%, followed by apartments (24%), and townhouses (18%). The most active agency for apartments in the Parap area is currently Raine & Horne, representing 50% of new listings, followed by Ray White with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.