OFF MARKET

35/24 Cavenagh Street
Darwin City NT 0800

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 26m2
Land area: 28m2
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Property Details for 35/24 Cavenagh St, Darwin City

Building Type
Commercial
Floor Size
26m2
Land Size
28m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 5606/UP 87/045

Last Listing description (February 2007)

INVESTORS
Four Inner Ciy Offices
Buy One or All Four

Unit 35 28m2
Unit 36 26m2
Unit 37 26m2
Unit 38 28m2
$65,000 each
Gross return if purchased all for $19,410 pa
Nett return of purchased all four 5.58%

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Property History for 35/24 Cavenagh St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$223,000
03 May 2007
Listed for Rent
$606/w
05 Jun 2004
  • 03 May 2007
    Sold for $223,000
  • 15 Dec 2006
    Listed for Sale $65,000 EACH
  • 27 Nov 2004
    Listed for Sale Not Disclosed
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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 5,328 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 79 properties listed for sale, and 65 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 291 properties were sold in the past 12 months in Darwin city.

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