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Off Market

7/16 Mackillop St

Parap NT 0820

2
2
2
Apartment
Last sold for $490,000
Kerri-Ann LaurenceKerri-Ann Laurence, last sold this property on 12 May 2026 after 103 days on market.

Overview

Ground-floor Courtyard Apartment in Exceptional Location

Tucked away to offer perfect privacy, this tenanted two-bedroom apartment creates a wonderful opportunity for investors who know a thing or two about buying in the right location! Yep, Parap Village Markets is an easy stroll from the front door, with other favourites such as Parap Pool, Fannie Bay's beautiful coastline and East Point Reserve only moments away.  Attractive apartment on ground floor of the Billara complex  Currently tenanted to create potential for instant return  Lovely low maintenance layout feels inviting and easy throughout  Updated kitchen features modern appliances and moveable bench  Flow through airy open-plan to impressively sized courtyard  Covered alfresco entertaining with grassy space and gate to street  Master offers built-in robe and stylishly renovated ensuite  Second robed bedroom, main bathroom with integrated laundry  Split-system AC in every room keeps everything cool and comfortable  Secure complex, parking for two cars plus storeroom Sorry, no pets allowed. First up, let's talk about this as an investment opportunity. It already has an excellent tenant in place, removing the hassle of finding one, while providing potential for instant return on your investment. Currently rented at $560/week until August 2026. So, what else does the apartment offer that sets it apart? Low Body Corp fees and a very healthy sinking fund. In its ground floor position, it provides something that the levels above don't have: a courtyard. Impressively spacious, this outdoor space is a huge highlight, offering both covered alfresco entertaining and a grassy courtyard that's private and peaceful. Framed by leafy landscaping – that's just as easy to care for as the interior – the courtyard impresses further with gated access to the street, allowing you to simply stroll out and explore the best of Parap without having to go through the complex. Back inside, you'll love how relaxed and inviting it all feels. High ceilings, updated floors, splashes of colour – they all work together to create a space you will enjoy spending time in. Through the practical, well-planned layout, the updated kitchen offers seamless connection with the open-plan, and from there, the courtyard, while both robed bedrooms are generous in their proportions. The stylishly renovated ensuite is another win, while the main bathroom goes big on functionality with a neatly integrated laundry. Aside from that, there is split-system AC and secure parking for two cars with remote gate access. It's moments to the beach – as well as the Sailing and Trailer Boat clubs – and around five minutes to the sparkle of Darwin's vibrant CBD. What more could you ask for? Call today to arrange your inspection! Relevant Property Information: Status: Tenanted at $560/week – lease expires 6/8/26 Settlement: usually 30-45 days Darwin City Council Rates: $449 / Quarter Body Corp Fees: $1,374 / Quarter Body Corp Manager: Castle Real Estate Area Under Title: 198 m2 Vendors Conveyancor: Saunders Conveyancing

Features

2 bedrooms
2 bathrooms
2 carspaces
2 carport spaces
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 7/16 Mackillop St is $472.5k.

Median value
$472.5k
Estimated value range
$335k - $550k
Median days on market
42
Estimated value trend
9%
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 7/16 Mackillop St

2026
Sold
$490,000
12 May 2026 by Kerri-Ann Laurence, of Laurence Real Estate
2012
Sold
Undisclosed
20 Sep 2012 by Shun Hatton, of First National Real Estate O'Donoghues

Happy sellers in Parap

66%
66% of sellers in Parap reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 7 reviews in Parap over the last 12 months.

Local market activity for 2 bedroom apartments in Parap

In the last 12 months, 18 two-bedroom apartments similar to 7/16 Mackillop St, have been sold.

This represents a 22% increase in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Parap

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Kerri-Ann Laurence

Sellers who recommend Kerri-Ann Laurence have praised them for being clear communication, local expert, responsive, honest, friendly, supportive and reliable

  •   5   (195 reviews)
  •  3 Reviews in Parap
  •  4 Sales in Parap
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Simon Connelly

Simon Connelly is an award winning recommended agent for Parap.  They have 2 local sales and collected 3 local reviews across the last 12 months.

  •   4.9   (72 reviews)
  •  3 Reviews in Parap
  •  2 Sales in Parap
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Paul Heron

Sellers who recommend Paul Heron have praised them for being local expert, clear communication, honest, trustworthy, stress-free process, reliable and supportive

  •   5   (72 reviews)
  •  1 Review in Parap
  •  1 Sale in Parap
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Lydelle Wilson

Lydelle Wilson is a recommended agent for Parap.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   4   (1 review)
  •  1 Review in Parap
  •  1 Sale in Parap
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