FOR SALE
Buying Guide $185,000

57/21 Cavenagh Street
Darwin City NT 0800

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 39m2
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Darwin's Most Affordable Investment Opportunity!

Please copy and paste the link on a web browser for all the relevant documents for the property: https://vltre.co/qu5C83
>Council rate: $1649 Annually
>Body Corporate: Elite Strata
>Body corporate fees: $1118 Per Quater
>Floor size: 38sqm
>Stauts: Tenanted
>Tenanted: Leased until 07/10/25
> Rent: $300 per week furnished.
>ROI Yield: 9% Approx.
>Built: 1997
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Property Details for 57/21 Cavenagh St, Darwin City

57/21 Cavenagh St, Darwin City is a 1 bedroom, 1 bathroom Studio. The property has a floor size of 39m2. The place is currently for sale with Raine & Horne Darwin.

Building Type
Studio
Floor Size
39m2

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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 5,326 properties. Over the last 5 years, Houses in Darwin City have seen a -4.37% decrease in median value, while Units have seen a 27.89% increase. As at 31 October 2024:

  • The median value for Houses in Darwin City is $484,197 while the median value for Units is $410,767.
  • Houses have a median rent of $590 while Units have a median rent of $600.
There are currently 80 properties listed for sale, and 69 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 300 properties were sold in the past 12 months in Darwin city.

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Akansh Batta
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Raine & Horne Darwin
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