SOLD
Sold on 15 Jan 2024 for $429,000

11/8 Mauna Loa Street
Darwin City NT 0800

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 141m2
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Property Details for 11/8 Mauna Loa St, Darwin City

11/8 Mauna Loa St, Darwin City is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2010. The property has a land size of 141m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Darwin City in the last 12 months.

Building Type
Unit
Year Built
2010
Land Size
141m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 2432/U2010/025

Last Listing description (January 2024)

Experience the perfect blend of city living and tranquility in this modern 2-bedroom apartment located on the outskirts of the Darwin CBD. With a sleek design, spacious layout, and an array of appealing features, this property is your key to sophisticated, urban living.

Step into this apartment and be greeted by a contemporary vibe with quality fixtures & fittings throughout. The well-equipped kitchen boasts top-of-the-line appliances, making it a haven for culinary enthusiasts.
Featuring two generously sized bedrooms, including a lux ensuite in the master bedroom, the modern design of this property separates the rooms from each other & provides ample space for a small family/professional couple with the option of setting up a comfortable home office.

Safety is a priority and this apartment provides the peace of mind you desire with secure entrances via the roller gate & pedestrian gate. There's also a lock-up storage room readily accessible to the owner.

When the sun graces the NT with its warmth, take advantage of the complex's pool area - perfect spot to relax & cool off. In saying this, you are just minutes from the Darwin Waterfront if you're looking for a social space to enjoy a tan & some nibbles from one of the popular restaurants that surround!

Whether you plan to move in immediately or consider this property as an investment, this apartment presents a compelling opportunity. With high rental demand in the current market, it promises a solid return on investment.
Walk to work, dine at top-notch restaurants, and shop at your favourite boutiques - it's all within arm's reach. For more information or to arrange an inspection, please contact Matt on 0417 866 821 or Demi on 0448 951 305.

Area Under Title: 141m2
Rental Estimate in the Current Market: $560 - $600 per week
Body Corporate Fees: $1,918 pq approx.
Council Rates: $1,680 pa approx.
Year Built: 2004

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions.

Property History for 11/8 Mauna Loa St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$429,000
15 Jan 2024
Listed for Rent
$440/w
12 Sep 2018
  • 15 Jan 2024
    Sold for $429,000
  • 23 Oct 2023
    Listed for Sale Under Contract in 20 Days!
  • 06 Sep 2018
    Listed for Rent - Price not available
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About 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 5,361 properties. Over the last 5 years, Houses in Darwin City have seen a 6.61% increase in median value, while Units have seen a 26.95% increase. As at 31 August 2024:

  • The median value for Houses in Darwin City is $509,256 while the median value for Units is $421,751.
  • Houses have a median rent of $600 while Units have a median rent of $600.
There are currently 84 properties listed for sale, and 55 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 297 properties were sold in the past 12 months in Darwin city.

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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.