SOLD
Sold on 08 Nov 2024 for $185,000

304/31 Smith Street
Darwin City NT 0800

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 83m2
Land area: 97m2
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Property Details for 304/31 Smith St, Darwin City

304/31 Smith St, Darwin City is a 2 bedroom, 2 bathroom Unit and was built in 2015. The property has a land size of 97m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Darwin City in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
83m2
Land Size
97m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 10410/UTS2015/067

Last Listing description (November 2024)

This outstanding investment opportunity located in 'The Mall' apartment complex is in the heart of Darwin's CBD.

Note: This property is currently tenanted at $550/wk until 21/02/2025. Further information about this apartment building can be provided upon request.

Key features below:

- 2 bedrooms
- 2 ensuite bathrooms
- Spacious and functional layout
- Stone benchtops to kitchen
- Split system A/C
- Ceiling fans
- Downlights
- Pool

Additional Information as follows:
- Council Rates: Approx. $1,700 per annum
- Year Built: 2016
- Area under Title: 97sqm
- Body Corporate Fees: Approx $2,134.69 per quarter
- Car parking available nearby: Approx $2,000 per annum
- Tenanted

Please contact Mark Hayes of Nearwater Real Estate for further information.

DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, believed to be correct, neither the Agent or the client, guarantee their accuracy. Interested persons are advised to make their own enquiries. The particulars contained are not intended to form part of any contract. Further, any floor plans included in the marketing material are for illustrative purposes only and the accuracy of dimensions or areas cannot be confirmed and should not be relied upon. Further, any rates, strata fees or distances noted are estimates based on available information at time of publishing.

Property History for 304/31 Smith St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$185,000
08 Nov 2024
Listed for Rent
$470/w
02 Apr 2019
  • 08 Nov 2024
    Sold for $185,000
  • 13 Jun 2024
    Listed for Sale Offers Over $175,000
  • 18 May 2016
    Sold for $505,000

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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 5,324 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.
There are currently 83 properties listed for sale, and 67 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 299 properties were sold in the past 12 months in Darwin city.

Suburb Insights for Darwin City 0800

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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.