Real Estate

Peace, quiet and space 30 minutes out of town

Written by The ReReport
As seen in the Source link, written by realestate.com.au on 2019-05-19 12:04:00

380 Virginia Rd is on the market for $899,000 and one of many houses in the rural area on the market. Picture: Supplied

TERRITORIANS have the rare opportunity of enjoying a quiet rural life in proximity to the CBD.

With more and more people headed out past the Berrimah Line to live, the NT News has found three of the best rural properties on the market this week to help locals find their dream rural home.

Darwin agents say rural properties are becoming more popular with buyers each day.

“Everyone wants their own private slice of paradise,” said Raine & Horne sales consultant Adam Gulliford.

20 Wells Creek Rd, Virginia is on the market for offers over $1 million. Picture: Supplied

He said established families with two or more kids were eager to take advantage of large blocks.

“People want space for the family, for the kids to ride dirt bikes and play around,” he said.

“It’s also popular with small business owners. Builders, electricians have a shed to keep their equipment, an office and run it from home. It saves money instead of having an office in Winnellie or Berrimah.”

20 Whistler Ct, Howard Springs is on the market for offers over $895,000. Picture: SUPPLIED

Virginia and Howard Springs were among the most sought after suburbs for their proximity and quality properties.

“If you look at Sydney the closest rural area to the CBD would be Dural and pricing starts at $2 to $5 million,” he said.

“Its still an hour away from the CBD and if its peak hour, two or three hours. Virginia to the CBD is 25 minutes, 30 is peak hour.

“Virginia is a friendly area with good properties, everyone knows the neighbours and it has a community atmosphere. Compared to where the market was three years ago, prices have come down around 30 per cent.”

IN OTHER REAL ESTATE NEWS

Mr Gulliford’s listing, 380 Virginia Rd, is a rare property with two established houses and room for plenty more.

“Good properties maintain their value quite well, especially if its unique with not a lot in comparison,” he said.

“With this property set up, you cannot see the other house. It’s quiet and you can’t see your neighbours, it feels like your own little world.

“Each house has its own electricity and water. In one house you can have a shed or built-in down stairs extension for extended family or teens. Alternatively you can lease the second house out to get income and pay the mortgage.”

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