Parap at a glance
3,175
People
$1,000,000
Median sale
$415/wk
Median rent
2.16%
Suburb gross yield
Median sale from 11 recorded sales (last 24 months) — a Districts calculation.
NT › Parap › Salonika St
For sale
For sale
2
Bedrooms
2
Bathrooms
1
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
No recorded sale price for this property yet.
Parap at a glance
3,175
People
$1,000,000
Median sale
$415/wk
Median rent
2.16%
Suburb gross yield
Median sale from 11 recorded sales (last 24 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NTNT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $415/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownNT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. This jurisdiction has no comparable official bond series in the free set.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Parap at a glance
3,175
People
$1,000,000
Median sale
$415/wk
Median rent
2.16%
Suburb gross yield
Median sale from 11 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Raine & Horne DarwinSet high on the 8th floor, this impressive apartment delivers a commanding outlook that few can rival. With the ocean views unfolding before you, East Point visible to the left and Bayview to the right, the ever-changing panorama creates a sense of space, light and elevation that truly sets this home apart. Located within the acclaimed Spirit on The Avenue development, the apartment combines refined design with a relaxed, resort-inspired lifestyle in the heart of Parap.
The interior is thoughtfully designed to maximise natural light and cross-breezes, featuring generous proportions, high ceilings and quality finishes throughout. Open-plan living and dining areas extend seamlessly outdoors to a spacious balcony, ideal for entertaining or unwinding while taking in the expansive views. A semi-enclosed alfresco zone provides a more private setting for dining or quiet evenings, all framed by the coastal outlook.
At the heart of the home, the sleek kitchen is equipped with stone benchtops, a gas cooktop, Miele and stainless steel appliances, an electric oven and dishwasher, offering both style and practicality. Two well-sized bedrooms enjoy elevated views and mirrored built-in robes, while the master suite includes a modern ensuite with a large shower with stone vanity.
The main bathroom is finished to the same high standard and incorporates a concealed internal laundry. Comfort is assured year-round with air-conditioning and ceiling fans throughout, along with secure fob access and underground parking for one vehicle.
Life at Spirit on The Avenue extends well beyond your front door. Residents have access to a wide range of resort-style facilities including an infinity-edge swimming pool with separate toddler area, a fully equipped gym, multiple outdoor entertaining and BBQ spaces, a games and function room. Landscaped herb and edible gardens, a tropical fish pond, bird aviary and a children's playground, all maintained by a full-time on-site management team.
On-site conveniences such as childcare, fitness, café and health services further enhance everyday ease. Body corporate fees cover the maintenance of shared facilities, security, landscaping and environmental systems, supporting a genuinely low-maintenance lifestyle.
Positioned just moments from the Botanic Gardens, Mindil Beach Sunset Markets and the Casino, and only minutes from Darwin's CBD, this apartment presents an outstanding opportunity for owner-occupiers and investors alike. Elevated, elegant and exceptionally located, this is a residence that delivers on lifestyle, outlook and long-term value.
Area Under Title: 150m2
Year Built: 2017
Status: Tenanted until October 2026 at $680 per week
Body Corporate: Whittles Body Corporate
Body Corporate Levies: $3100 p/q approx.
Council Rates: $1460 p/a approx.
Listing description written by Rachel Baldock, Raine & Horne Darwin — reproduced as published, not verified by Districts.