OFF MARKET

20 Cavenagh Street
Darwin City NT 0800

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 84m2
Land area: 128m2
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Last updated 30 Sep 2024
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Property Details for 20 Cavenagh St, Darwin City

20 Cavenagh St, Darwin City is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 128m2 and floor size of 84m2.

Building Type
Unit
Year Built
2006
Floor Size
84m2
Land Size
128m2
Local Government
Darwin

Last Listing description (September 2013)

Show me the money $$$ 'KubenEntry level buying into this building.
Start earning massive returns from the New Year. Expected rental is approx. $700.00-$800.00 per week. This is your opportunity to secure a brand new apartment in one Darwin's fastest selling and finest CBD developments known as 'Kube'.
This is a very futurist iconic building offering a ground floor retail component along with all the facilities one would expect for modern inner city living. The building boasts an Indoor lap pool, waterfalls, gymnasium and secure under cover parking.

This classy apartment makes an ideal place to call home or is equally attractive to savvy investors.
Its no secret that Darwin has some of the strongest rental yields and sustainable capital growth amongst capital cities in the country. One of few remaining cities where it is cheaper to buy rather than rent. Combined with oil, gas and construction boom, makes Darwin an ideal place to buy now.
Located in the pulse and heart of the CBD you are just stones throw from:
* Post Office
* Woolworths
* Darwin CBD mall
* Restaurant and dining hub
* Esplanade and wharf precinct
* Mindel Beach markets.
Secure this property at todays price with only 10% deposit nothing further till settlement, approx. January 2014. Furniture packages are available for those wishing do short term letting.

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Property History for 20 Cavenagh St, Darwin City, NT 0800

A timeline of how this property has performed in the market
  • 11 Jul 2013
    Listed for Sale $575,000

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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 5,362 properties. Over the last 5 years, Houses in Darwin City have seen a 12.95% increase in median value, while Units have seen a 22.09% increase. As at 30 September 2024:

  • The median value for Houses in Darwin City is $543,443 while the median value for Units is $419,217.
  • Houses have a median rent of $600 while Units have a median rent of $600.
There are currently 73 properties listed for sale, and 59 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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