40/3 Michie CourtBayview NT 0820
Property Details for 40/3 Michie Ct, Bayview
40/3 Michie Ct, Bayview is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 175m2 and floor size of 175m2. While the property is not currently for sale or for rent, it was last sold in April 2016.
Last Listing description (April 2016)
Investors, are you interested in a six percent return?
Situated in a neat complex in a highly sought after location and securely leased this DHA tenanted property includes the following stunning features:
* Air-conditioned, fans, downlights and tiled floors throughout
* An abundance of storage cupboards throughout the apartment
* Open living and dining space with sliding doors leading to the massive balcony
* 2 undercover secure car parks
* Located close to all amenities and the CBD
* Guaranteed lease with great return with DHA
Located in the premier suburb of Bayview that is 5 minutes to Darwin's CBD, The Waterfront Precinct and city centre, Michie Court is a spacious home with plenty of natural light and entertaining space and airy open plan design.
Call today, interstate owners demand all offers to be presented! The perfect property for your investment portfolio with great returns and a guaranteed lease - what more could the astute investor want.
Area Under Title: 175 Square Metres
Body Corporate Levies: $1,563 (Per Quarter)
Body Corporate Manager: Whittles Body Corporate
Council Rates: $1,030 Per Annum (Approximately)
Lease Details: $615 Per Week, Expires: 14 March, 2018
Year Built: 2005
Zoning: HR (High Density)
Property History for 40/3 Michie Ct, Bayview, NT 0820
- 29 Apr 2016Sold for $425,000
- 24 Feb 2015Listed for Sale $450,000
- 16 Mar 2006Sold for $370,000
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About Bayview 0820
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:
- The median value for Houses in Bayview is $868,822 while the median value for Units is $500,527.
- Houses have a median rent of $795 while Units have a median rent of $700.
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