5/15 Somerville Gardens, Parap NT 0820
2 beds
2 baths
2 cars
Spachus Insights
View Parap market
Price position
Below suburb median
20.0% below the current suburb median listing price.
Buyer negotiation signal
Balanced
Median listing and sold prices are currently aligned.
Selling pace
Slower than typical
35 days typical · Property listed 633 days (1,709% longer).
Property details
Immaculate apartment move in or invest
Property Specifics
2Bedrooms
2Bathrooms
2Car spaces
ApartmentProperty type
136 m²Land
Parap market
Full suburb reportMedian listing$500,000
Median sold$500,000
Typical selling time35 days
Tracked sold properties25
Spachus Property Estimate
$420,000
Automated estimate based on available property and market data.
Not a formal valuation.
Asking vs estimate
-$20,000
4.8% below the Spachus estimate
Property Overview
5/15 Somerville Gardens, Parap NT 0820 is an apartment. It has 2 bedrooms, 2 bathrooms and 2 car spaces. It is currently listed at $400,000. It has been on the market for 633 days. In Parap, the median listing price is $500,000 and the median sold price is $500,000. Its current asking price is $100,000 (20.0%) below the Parap median listing price. Properties in Parap typically sell in around 35 days based on Spachus tracked sales data. It has currently been on the market 598 days longer than the Parap typical selling time.
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