Back 5/80 Forrest Parade
Off Market

5/80 Forrest Parade

Bakewell NT 0832

2
1
2
Apartment
Last sold for $409,000
Belinda KolstadBelinda Kolstad, last sold this property on 16 June 2025 after 6 days on market.

Overview

Ideal Starter or Investment Opportunity

Set within a quiet, well-maintained complex, this ground-level unit offers a blend of comfort and convenience. Ideal for first-time buyers, downsizers, or investors, the property boasts a range of features designed for easy living. Property Highlights: Neat and tidy two-bedroom, one-bathroom home situated in a small complex Open-plan living space with the kitchen positioned at the front of the home Renovated kitchen area featuring stone countertops, an added breakfast bar island bench, and an open fridge space Overhead cupboards along one wall, built-in oven, electric cooktop with rangehood, and dual sink complete the kitchen Dining and lounge areas flow seamlessly from the kitchen, with large sliding window bays providing ample natural light and access to the back verandah Split system air conditioning and tiles throughout the unit ensure a cool and easy-to-clean environment Both bedrooms are equipped with split system air conditioning and built-in robes Separate internal laundry with space for top or front-loaded machines, linen press, and laundry tub Main bathroom includes a glass shower screen, freestanding vanity, mirrored overhead cabinet and toilet Painted back verandah is easy to maintain, surrounded by feature pavers providing a pleasant walkway around the side and back of the home Established green lawns complemented by shade cloth and privacy fencing The exterior of the complex has been recently painted, presenting a clean and inviting appearance Conveniently located near Lambrick Avenue, offering easy access to local gyms and shopping centres This neat and tidy two-bedroom, one-bathroom home is situated in a small complex, providing a peaceful living environment. The open-plan living space features a kitchen positioned at the front of the home, allowing for seamless interaction between cooking and entertaining areas. The renovated kitchen is equipped with stone countertops, an added breakfast bar island bench, and an open fridge space. Overhead cupboards along one wall, a built-in oven, electric cooktop with rangehood, and a dual sink complete the kitchen, offering ample storage and functionality. Dining and lounge areas flow seamlessly from the kitchen, with large sliding window bays providing ample natural light and access to the back verandah. Split system air conditioning and tiles throughout the unit ensure a cool and easy-to-clean environment. Both bedrooms are equipped with split system air conditioning and built-in robes, offering comfort and storage solutions. The separate internal laundry includes space for top or front-loaded machines, a linen press, and a laundry tub, enhancing the home's practicality. The main bathroom includes a glass shower screen, freestanding vanity, mirrored overhead cabinet, and toilet, providing all essential amenities. The painted back verandah is easy to maintain, surrounded by feature pavers that provide a pleasant walkway around the side and back of the home. Established green lawns are complemented by shade cloth and privacy fencing, creating a serene outdoor space. The exterior of the complex has been recently painted, presenting a clean and inviting appearance. Conveniently located near Lambrick Avenue, the property offers easy access to local gyms and shopping centres. Additional Information as follows: Council Rates: Approx. $2,045.40 per annum Year Built: 1998 Planning Scheme Zone: LMR (Low-Medium Density Residential) Area under Title: 187sqm Status: Vacant Possession Rental Estimate: Approx. $520 -$550 per week Settlement Period: 45 days Easements as Per Title: Sewerage Easement to Power and Water Authority Disclaimer: We do our best to ensure that all the information provided is correct, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions.

Features

2 bedrooms
1 bathroom
2 carspaces
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Bakewell over the last 12 months, the estimated median property value of 5/80 Forrest Parade is $390k.

Median value
$390k
Estimated value range
$365k - $410k
Median days on market
14
Estimated value trend
37%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Bakewell. 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 5/80 Forrest Parade

2025
Sold
$409,000
Private Sale/Treaty on 16 Jun 2025 by Belinda Kolstad, of Smart Real Estate
2020
Rented
Undisclosed
Leased on 07 Feb 2020 by Elders Real Estate Palmerston

Happy sellers in Bakewell

90%
90% of sellers in Bakewell reported that their sale price either exceeded or met their price expectations.

Bakewell stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Bakewell over the last 12 months.

Local market activity for 2 bedroom apartments in Bakewell

In the last 12 months, 7 two-bedroom apartments similar to 5/80 Forrest Parade, have been sold.

This represents a 13% increase in two-bedroom apartments sales when compared to the previous 12 months.

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