OFF MARKET

93/5 Michie Court
Bayview NT 0820

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 120m2
Land area: 185m2
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Property Details for 93/5 Michie Ct, Bayview

93/5 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 185m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
Unit
Year Built
2005
Floor Size
120m2
Land Size
185m2

Last Listing description (May 2019)

Offering 3 bedrooms & 2 bathrooms
Main bedroom with ensuite & walk in robe
Built in robes to other bedrooms

Open plan living area opening to a balcony
Tiled & air conditioned throughout
Internal laundry
Storeroom on same floor
Basement parking for 2 vehicles
Access to various complex pools
Only minutes to Darwin's CBD
Council Rates - $1,200 (approx) per annum
Area on Title - 185 square metres
Body Corporate Manager - Whittles Body Corporate
Body Corporate Fees - $1,600 (approx) per quarter or $133 (approx) per week
Year Built - 2005 (approx)
Lease - $480 per week (29/11/19)
Option - 1 x fixed 36 months
Right to Vary - 1x up to 12 months reduction or extension
Hot Water System - Electric
Situated on the 3rd floor of a secure complex is this 3 bedroom, 2 bathroom apartment. Perfect for a savvy investor, this property is currently leased to Defence Housing Australia (DHA) for $480 per week until 2019. There is ample storage throughout including a storeroom on the same floor. In a great location, Darwin's CBD is only minutes away.
This property is for sale on behalf of a DHA lessor and has a DHA lease in place. Visit dha.gov.au to learn about the benefits of investing in DHA property.
Karl Secondis

Property History for 93/5 Michie Ct, Bayview, NT 0820

A timeline of how this property has performed in the market
Last Sold
$320,000
23 Nov 2018
Listed for Rent
$450/w
05 Feb 2018
  • 23 Nov 2018
    Sold for $320,000
  • 11 Dec 2017
    Listed for Rent - Price not available
  • 12 May 2016
    Listed for Sale $430,000
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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 849 properties. Over the last 5 years, Houses in Bayview have seen a 25.05% increase in median value, while Units have seen a 29.60% increase. As at 30 September 2024:

  • The median value for Houses in Bayview is $894,777 while the median value for Units is $497,920.
  • Houses have a median rent of $810 while Units have a median rent of $710.
There are currently 14 properties listed for sale, and 6 properties listed for rent in Bayview on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in Bayview.

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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.