FOR SALE
Price Guide $380,000

16/91 Mcminn Street
Darwin City NT 0800

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 128m2
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Investor Alert: High-Yield City Fringe Gem – Don’t Miss Out!

The market is heating up, and this stunning two-bedroom apartment offers an incredible opportunity for investors and owner-occupiers alike. With a gross rental yield of approximately 6.2% and currently rented at $450 per week until 5 April 2025, rents are set to increase at the end of the lease, making this property even more appealing.
Set on the third floor of a quiet, well-maintained complex, the apartment features:
• Modern kitchen with granite benchtops and quality appliances
• Spacious open-plan living extending to a private balcony with leafy city and water views
• Two generous bedrooms, both with built-in robes, including a master with ensuite
• Fully tiled and air-conditioned for low-maintenance comfort
• Lift access and two secure car spaces behind a remote gate
• Small store room, located in the carpark
Located just steps from the CBD, Mindil Beach, Cullen Bay, and local conveniences, this property offers unbeatable lifestyle appeal for tenants and owner-occupiers. With the rental market tightening and demand soaring, competition for city-fringe apartments like this is fierce.
Don’t wait – arrange your inspection today before this gem is gone!
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Property Details for 16/91 Mcminn St, Darwin City

16/91 Mcminn St, Darwin City is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a land size of 128m2. The place is currently for sale with Real Estate Central.

Building Type
Apartment
Land Size
128m2

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About Darwin City 0800

The population of Darwin City in 2011 was 4,545 people. By 2016 the population was 6,479 showing a population growth of 42.6% in the area during that time. The predominant age group in Darwin City is 20-29 years. Households in Darwin City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Darwin City work in a professional occupation. In 2011, 26.6% of the homes in Darwin City were owner-occupied compared with 22.8% in 2016.

Darwin City has 5,381 properties. Over the last 5 years, Houses in Darwin City have seen a -0.47% decrease in median value, while Units have seen a 26.13% increase. As at 31 December 2024:

  • The median value for Houses in Darwin City is $465,866 while the median value for Units is $400,607.
  • Houses have a median rent of $585 while Units have a median rent of $600.
There are currently 80 properties listed for sale, and 60 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 308 properties were sold in the past 12 months in Darwin city.

What's around 16/91 Mcminn St, Darwin City

Nearby Schools
Comparable Properties
St Mary's Catholic Primary School
0.57km
Darwin 0800
PrimaryNon-GovernmentP - 6Combined214 Enrolled
Larrakeyah Primary School
1.02km
Larrakeyah 0820
PrimaryGovernmentP - 6Combined448 Enrolled
St John's Catholic College
1.23km
the Gardens 0820
SecondaryNon-Government7 - 12Combined223 Enrolled
Stuart Park Primary School
1.69km
Stuart Park 0820
PrimaryGovernmentP - 6Combined560 Enrolled
Northern Territory School of Distance Education
1.74km
The Gardens 0820
SecondaryGovernment10 - 12Combined86 Enrolled
Darwin High School
1.74km
The Gardens 0820
SecondaryGovernment10 - 12Combined1339 Enrolled
Darwin Middle School
1.84km
The Gardens 0820
SecondaryGovernment7 - 9Combined791 Enrolled
Parap Primary School
2.82km
Parap 0820
PrimaryGovernmentP - 6Combined463 Enrolled
Ludmilla Primary School
3.76km
Ludmilla 0820
PrimaryGovernmentP - 6Combined68 Enrolled
Millner Primary School
7.54km
Millner 0810
PrimaryGovernmentP - 6Combined164 Enrolled

Suburb Insights for Darwin City 0800

Market Insights
Darwin City Trends for Houses
Median Value

$466k

8.92%
View Trend
Median Growth

-10.58%

View Trend
Median Rent

$585/W

0.86%
View Trend
Rental Yield

6.66%

0.45%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (02/24 - 12/24)
Darwin City Trends for Units
Median Value

$401k

7.56%
View Trend
Median Growth

-6.41%

View Trend
Median Rent

$600/W

1.69%
View Trend
Rental Yield

7.66%

1.92%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (02/24 - 12/24)
Neighbourhood Insights
Age

Population 6,479

0-9

 

7%

10-19

 

4%

20-29

 

30%

30-39

 

26%

40-49

 

13%

50-59

 

12%

60-69

 

7%

70-79

 

2%

80-89

 

1%

Household Structure
Occupancy
Contact agent
Jacob Mckenna
Show contact details
Real Estate Central
Preferred contact:
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.
Valuations and Estimates
This estimate is provided by CoreLogic, and is based on statistical market data such as recent local sales, property size, number of bedrooms and many more factors. It comes from public data, which may be incomplete or inaccurate, and should not be used in lieu of a professional appraisal under any circumstances, including for lending purposes or in home loan applications.
School data and Content
Product Data licenced by CoreLogic under a Creative Commons Attribution licence. For details regarding licence, data source, copyright and disclaimers, see https://www.corelogic.com.au/legals/third-party-restrictions
ABS data
This publication contains data and statistics provided by the Australian Bureau of Statistics, available at http://www.abs.gov.au/ and reproduced under Creative Commons Attribution 2.5 http://creativecommons.org/licenses/by/2.5/au/legalcode
Liveability information
The Liveability Score is a rating (out of 10) provided by Propella.ai Pty Ltd as a guide about how "well-connected" properties are in certain local areas. The Liveability Score is based on statistical data about a local area in which a property is located including the distance to and number of available facilities and services (including schools, parklands, health services, shopping and public transport) (Liveability Data). The Liveability Data and Liveability Score has not been verified or confirmed by CoreLogic, is not available for all properties, and is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. Given the relative nature of the Liveability Score, propella.ai anticipate that scores for individual properties will change over time.