11/50 Mitchell StreetDarwin City NT 0800
Property Details for 11/50 Mitchell St, Darwin City
11/50 Mitchell St, Darwin City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 12m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Darwin City in the last 12 months.
Last Listing description (January 2012)
BEST VALUE -IN THE HEART OF DARWIN'S ENTERTAINMENT STRIP
VALUE INN IS A PURPOSE BUILT BUDGET ACCOMMODATION COMPLEX, CONSISTING OF 96 STRATA TITLED UNITS. IT IS LOCATED IN THE CENTRE OF DARWIN'S BUDGET ACCOMMODATION, ENTERTAINMENT AND NIGHT LIFE PRECINCT. THE VALUE INN HAS THE HIGHEST STREET PROFILE OF ANY BUDGET ACCOMMODATION IN DARWIN. SECURITY FENCED CAR-PARKING IS LOCATED AT THE REAR OF THE COMPLEX AS IS THE COMMUNAL SWIMMING POOL. THIS COMPLEX ALSO OFFERS YOU 24 HOUR RECEPTION. THERE ARE ALSO VENDING MACHINES AND THIS COMPLEX HAS DISABLED FACILITIES. THIS ROOM FEATURES - A BEDSIDE TABLE, A SMALL DINING TABLE AND CHAIR, 2 BEDS, A SMALL FRIDGE, COLOUR TELEVISION AND OF COURSE THEIR OWN EN-SUITE. BOTH THE VALUE INN & MELALEUCA (ITS SISTER HOSTEL) ARE SURROUNDED BY ALL THE AMENITIES YOU WOULD REQUIRE. CINEMAS, FOOD EATERIES, NIGHTCLUBS, SCOOTER AND PUSH BIKE HIRE BUSINESS, SHOPPING CENTRES AND ONLY MINUTES WALK TO THE ESPLANADE FORESHORES. THIS PROPERTY WILL DELIVER TO YOU A GREAT RETURN OF $9,060.43 PER ANNUM WITH ANNUAL RENTAL REVIEWS. BODY CORPORATE IS LOW, APPROXIMATELY $150.00 PER QUARTER WHICH COVERS ALL WATER RATES, SEWERAGE AND BUILDING INSURANCE. WHY WAIT, INVEST NOW ON THIS GREAT OPPORTUNITY!!
Property History for 11/50 Mitchell St, Darwin City, NT 0800
- 02 Jul 2024Sold for $4,200,000
- 06 Feb 2020Sold for $22,500
- 05 Jan 2012Sold for $95,000
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0About Darwin City 0800
The population of Darwin City in 2011 was 4,545 people. By 2016 the population was 6,479 showing a population growth of 42.6% in the area during that time. The predominant age group in Darwin City is 20-29 years. Households in Darwin City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Darwin City work in a professional occupation. In 2011, 26.6% of the homes in Darwin City were owner-occupied compared with 22.8% in 2016.
Darwin City has 5,326 properties. Over the last 5 years, Houses in Darwin City have seen a -4.37% decrease in median value, while Units have seen a 27.89% increase. As at 31 October 2024:
- The median value for Houses in Darwin City is $484,197 while the median value for Units is $410,767.
- Houses have a median rent of $590 while Units have a median rent of $600.
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