205/90 Esplanade Darwin City NT 0800
Property Details for 205/90 Esplanade, Darwin City
205/90 Esplanade, Darwin City is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2001. The property has a land size of 50m2. While the property is not currently for sale or for rent, it was last sold in May 2015.
Last Listing description (December 2012)
Easy Investment
Overlooking the Arafura Sea and the city skyline,
the award-winning Mantra on the Esplanade is the
Adjacent to the popular Mitchell Street precinct, this one
bedroom apartment is within walking distance to cafes,
shopping centres, Government House, the wharf precinct,
the Darwin Convention Centre and the Entertainment Centre
??? making it perfectly positioned for any visitor to the Top End.
Investment Features:
??? Recently refurbished property built in 2001
??? Beautifully appointed 50 sqm serviced apartment
??? Separate bedroom, kitchen and laundry facilities, living area and
balcony
??? No Body Corporate fees or any other outgoing expenses
??? Current net monthly return of $1,245
??? Incremental rental increases scheduled during the lease period
??? Lease in place until January 2027 with the right to renew
Property History for 205/90 Esplanade, Darwin City, NT 0800
- 01 May 2015Sold for $243,000
- 21 Sep 2012Listed for Sale 275000
- 30 Sep 2003Sold for $170,074
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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 5,330 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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