FOR SALE
$265,000 + GST

8/1 Buffalo Court
Darwin City NT 0800

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 71m2
Land area: 71m2
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Raffles Plaza - Strata Office Suite

Raffles Plaza is a mixed use 10 storey building with commercial tenancies on the first and second levels. Residential tenancies for all other levels.
- Strata office suite
- Building area approx. 71m²
- Level 2 with lift and stairs access
- One car park allocated
Fitted out internally including:
- Reception/waiting room - area approx. 11.0m²
- Office (middle) - area approx. 17m²
- Office (end with window glazing) - area approx.13.0m²
- Office (end with window glazing) and including a kitchenette - area approx. 29m²
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Property Details for 8/1 Buffalo Ct, Darwin City

Building Type
Commercial
Floor Size
71m2
Land Size
71m2

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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 5,328 properties. Over the last 5 years, Houses in Darwin City have seen a 12.95% increase in median value, while Units have seen a 22.09% increase. As at 30 September 2024:

  • The median value for Houses in Darwin City is $543,443 while the median value for Units is $419,217.
  • Houses have a median rent of $600 while Units have a median rent of $600.
There are currently 80 properties listed for sale, and 65 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 286 properties were sold in the past 12 months in Darwin city.

Suburb Insights for Darwin City 0800

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Nick Syrimi
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Ray White Commercial (NT)
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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.