Back 5/12 Somerville Gardens
Off Market

5/12 Somerville Gardens

Parap NT 0820

2
2
2
148 m²
Apartment
Carol NeedCarol Need, last sold this property on 22 August 2025 after 42 days on market.

Overview

Stylish 2-Bedroom, 2-Bathroom Apartment in Highly Sought-After Parap

Situated in the popular suburb of Parap, this modern apartment offers comfort, space, and convenience. Perfect for investors or those seeking a vibrant lifestyle, *Bright and welcoming living areas that flow seamlessly onto to spacious balcony ideal for relaxing or entertaining *Spacious modern kitchen with ample cupboards *Both bedrooms are a generous size with built-in robes; master bedroom has a private ensuite *Fully air-conditioned for year-round comfort *Two dedicated car parks included *Small complex of 6 offering a private and peaceful environment Don't miss the opportunity to own in this desirable location. Whether as a home or investment, this apartment delivers on style and practicality. Body Corporate $1829.00 per quarter Darwin City Council $1700.00 per annum Weekly Rental Estimate $620.00 - $650.00 per week Vacant Possession

Features

2 bedrooms
2 bathrooms
2 carspaces
148 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Parap over the last 12 months, the estimated median property value of 5/12 Somerville Gardens is $470k.

Median value
$470k
Estimated value range
$330k - $550k
Median days on market
48
Estimated value trend
12%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Parap. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5/12 Somerville Gardens

2025
Sold
Undisclosed
Private Sale/Treaty on 22 Aug 2025 by Carol Need, of Carol Need Real Estate Pty Ltd
2024
Rented
Undisclosed
Leased on 09 Jul 2024 by Raine & Horne Darwin
2019
Rented
Undisclosed
Leased on 20 Mar 2019 by Raine & Horne Darwin

Happy sellers in Parap

<50%
Less than 50% of sellers in Parap reported that their sale price either exceeded or met their price expectations.

Parap stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Parap over the last 12 months.

Local market activity for 2 bedroom apartments in Parap

In the last 12 months, 23 two-bedroom apartments similar to 5/12 Somerville Gardens, have been sold.

This represents a 5% increase in two-bedroom apartments sales when compared to the previous 12 months.

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