OFF MARKET

89/5 Michie Court
Bayview NT 0820

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 123m2
Land area: 179m2
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Property Details for 89/5 Michie Ct, Bayview

89/5 Michie Ct, Bayview is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2007. The property has a land size of 179m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in November 2008.

Building Type
Unit
Year Built
2007
Floor Size
123m2
Land Size
179m2
Local Government
Darwin

Last Listing description (May 2019)

Your tenants will love this funky apartment nestled amongst your own private rainforest. With a private entry and sweeping views over lush greenery, you will feel like you are in your very own private Garden of Eden. The apartment enjoys the favored northerly aspect and will be cool all year round. The complex has a great lap pool.
Step inside the unit and you will be wowed by the ambiance and character it exudes. Cool floor tiles adorn the open plan lounge, dining and kitchen. Split system air-conditioning system adequately cools the entire apartment. The kitchen is spacious with plenty of bench space and cupboards.
Perfectly positioned, it is a quick drive to Darwin City shops, schools, services and with the Parap markets just a few minutes' drive away you will totally embrace the great lifestyle this unit offers.

Defence Housing Australia (DHA) pays $480/week rent that is guaranteed. This is a great apartment in a secluded yet central location close to the attractions of Darwin City. This is a great apartment in a secluded yet central location close to the attractions of Darwin City.
DHA Lease Summary
Rent: $480 per week
End Date: 20/02/2019
Lease Options and Variations Option Available: Used
Right to Vary Available: DHA can hand back the property with 60 day's notice
Investing with DHA - This property is for sale on behalf of a DHA lessor and has a DHA (Defence Housing Australia) lease in place. Visit dha.gov.au to learn about the benefits of investing in DHA property. In accordance with DHA regulations we advise that this property will be available for private inspection only and to prequalified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only

Property History for 89/5 Michie Ct, Bayview, NT 0820

A timeline of how this property has performed in the market
Last Sold
$420,000
24 Nov 2008
  • 26 Jul 2016
    Listed for Sale $429,000 (Gross yield 5.8%)
  • 24 Nov 2008
    Sold for $420,000

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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.
There are currently 11 properties listed for sale, and 8 properties listed for rent in Bayview on OnTheHouse. According to CoreLogic's data, 52 properties were sold in the past 12 months in Bayview.

Suburb Insights for Bayview 0820

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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.