OFF MARKET

35 Cavenagh Street
Darwin City NT 0800

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 40m2
Land area: 845m2
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Property Details for 35 Cavenagh St, Darwin City

Building Type
Commercial
Floor Size
40m2
Land Size
845m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 2329/OP 001210A

Last Listing description (February 2019)

Be part of the gentrification of the Darwin CBD! The Air Raid Arcade was sold last year and the new owners are going to transform this building into one of Darwin's most exciting new retail precincts.
With a new bar going in the front of Austin Lane, tenants who have fresh and new ideas to help transform this side of the CBD.
There are shops available ranging from 24 sqm - 50 sqm.

For more information please contact Seth Chin on 0411178888

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

A timeline of how this property has performed in the market
Last Sold
$2,500,000
26 Oct 2017
Listed for Rent
$22k/w
14 Aug 2019
  • 05 Feb 2019
    Listed for Rent - Price not available
  • 22 Feb 2018
    Listed for Rent - Price not available
  • 26 Oct 2017
    Sold for $2,500,000
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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 5,328 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.

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.