SENSATIONAL OPPORTUNITY - WATERFRONT LAND IN PRESTIGIOUS MARINA DEVELOPMENT.
The exclusive suburb of Bayview is situated mere minutes to the new $1.1 billion upgrade of Darwin Wharf Precinct with its world class Convention Centre, the soon-to-be sensational 'Darwin Cove' and approx. 3klms to the Restaurants and Nightlife of Darwin City.
This prime waterfront block with a marina berth already in place has spectacular spanning views of the inner harbour and across the water to the twinkling lights of the Cityscape skyline, and is surrounded by magnificent million dollar mansions as its unsurpassed location commands.
The size of Bayview is approximately 1.7 square kilometres. It has 6 parks covering nearly 0.8% of total area. The population of Bayview in 2011 was 1,522 people. By 2016 the population was 1,663 showing a population growth of 9.3% in the area during that time. The predominant age group in Bayview is 20-29 years. Households in Bayview are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bayview work in a professional occupation. In 2011, 49.5% of the homes in Bayview were owner-occupied compared with 44.9% in 2016.
Bayview has 843 properties. Over the last 5 years, Houses in Bayview have seen a 20.83% increase in median value, while Units have seen a 36.65% increase. As at 31 October 2024:
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