OFF MARKET

412/5 Gardiner Street
Darwin City NT 0800

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 40m2
Land area: 50m2
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Property Details for 412/5 Gardiner St, Darwin City

412/5 Gardiner St, Darwin City is a 1 bedroom, 1 bathroom House and was built in 2012. The property has a land size of 50m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
2012
Floor Size
40m2
Land Size
50m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 8464/UTS2012/011A

Last Listing description (July 2023)

Designed with an effortless appeal, this inner city abode is a sound investment choice for the savvy portfolio hunter and the home makers alike. Located within a secure complex that has a locked foyer, elevator with fob key access to your floor plus garage parking as well, living here is stress free and easy.

Positioned on the 4th floor, the home opens into the galley kitchen with overhead storage and plenty of prep areas along with a twin cooktop and single sink. There is a fridge nook and pantry as well.

The bathroom offers the laundry amenities cleverly tucked in under the bench with a large shower and storage built under the vanity.

Open plan living and dining areas have tiled flooring and A/C along with sliding doors that open onto a small balcony that captures the sea breezes and overlooks the city skyline and the ocean on the horizon.

The bedroom has a screen of louvered bifolding doors that can be left open to show off the views of the city at night or closed to create a private sleeping quarter. There is built in robes and a desk in here as well as tiled flooring and a fan.

Within the complex is a swimming pool and entertaining level with large open outdoor spaces to host a BBQ or relax in the sun beside the pool with city and sea views.

Located in the heart of the CBD this property is perfect for the savvy buyer and the investors alike. Offering an easy care design that is high impact and low maintenance, this property is only moments from restaurants, cafs, coffee shops and the colour and lights of the city below.

Around the Suburb:
Walk to the heart of the CBD in moments
Spend your free time exploring the Water Front Prescient or The Esplanade
Weekend coffee dates and easy dinners in the city
Grab an orange scooter and be in the city in moments
Walk to coffee dates
Drop the daily commute in favor of more free time

About the Property:
Area Under Title: 50 metres square
Year Built: 2012
Council Rates: 1,650 per annum approx.
Easements: None found
Body Corp Fees: $1,699.00 per quarter
Sinking Fund Balance at 01/12/22 $469,914.54
Admin Fund Balance at 01/12/22 $197,958.20
Currently tenanted to 16/04/2024 at $410 per week through Ausway Group

Property History for 412/5 Gardiner St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$210,000
27 Jul 2023
Listed for Rent
$410/w
11 Apr 2023
  • 27 Jul 2023
    Sold for $210,000
  • 29 May 2023
    Listed for Sale $199,000+
  • 15 Mar 2023
    Listed for Rent $410 / week
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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 5,358 properties. Over the last 5 years, Houses in Darwin City have seen a 11.94% increase in median value, while Units have seen a 29.20% increase. As at 31 July 2024:

  • The median value for Houses in Darwin City is $537,330 while the median value for Units is $429,077.
  • Houses have a median rent of $600 while Units have a median rent of $585.
There are currently 84 properties listed for sale, and 50 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 294 properties were sold in the past 12 months in Darwin city.

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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.