74/5 Michie CourtBayview NT 0820
Property Details for 74/5 Michie Ct, Bayview
74/5 Michie Ct, Bayview is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 154m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Bayview in the last 12 months.
Last Listing description (May 2024)
This upper-level apartment presents an excellent opportunity for first home buyers or savvy investors looking to secure a slice of one of Darwin's premiere marina suburbs. With its well-maintained condition and modern features, this property offers an easy transition into comfortable inner city living or a promising investment.
The spacious apartment boasts an entertainers sized balcony with water views of Frances Bay. Thoughtfully designed with all the essential comforts, the well equipped kitchen includes modern appliances and a large stone bench top, extensive storage and is fully air-conditioned throughout. The main bedroom includes an ensuite and walk-in robe, and the second bedroom is ideal for flat share situations, with a spacious mirrored built-in robe, easy access to the second bathroom and its own private balcony.
Nestled within a well maintained and secure complex, residents have access to a full sized pool and their own two underground carparks.
A proven investment property for the last five years with no vacancy, this apartment is under lease until June 2024 for $600 pw.
Features include:
Master bedroom with walk-in robe and ensuite
Second bedroom with large built in wardrobe and additional balcony
Open plan living / dining area
Well equipped kitchen
Extensive cupboard space
Private storeroom
Internal laundry
Secure parking
Pool within complex
Tiled and air-conditioned throughout
Entertainers sized balcony
Recent upgrades:
Freshly painted throughout in 2018
Installation of modern roller blinds throughout in 2018
All three air-conditioner units replaced in 2020
Turnkey Investment Option:
There is an option to include existing furniture and appliances, making it a turnkey investment property. This includes a fridge, dishwasher, washing machine, dryer, and apartment furniture.
Please get in contact to organise an inspection.
Property History for 74/5 Michie Ct, Bayview, NT 0820
- 27 May 2024Sold for $386,800
- 31 Jan 2024Listed for Sale Offers over $399,000
- 15 Mar 2018Sold for $350,000
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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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