SOLD
Sold on 24 Jun 2024 for $235,000

5/7 Finniss Street
Darwin City NT 0800

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 54m2
Land area: 54m2
Sold By
Territory Real Estate
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Property Details for 5/7 Finniss St, Darwin City

5/7 Finniss St, Darwin City is a 2 bedroom, 1 bathroom Unit and was built in 1995. The property has a land size of 54m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Darwin City in the last 12 months.

Building Type
Unit
Year Built
1995
Floor Size
54m2
Land Size
54m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 1743/UP 94/013

Last Listing description (July 2024)

Territory Real Estate is proud to present this great inner city pad to the Darwin Real Estate market.
Make everyday feel like a holiday with this inner city abode – located on the outskirts of the CBD, you can literally walk to work and lifestyle activities in mere minutes.

The complex hosts off street parking with PA access from Finniss Street. Covered walkways lead past the gorgeous centrally located swimming pool and large outdoor entertaining areas with chairs, sun chairs and a gazebo for easy entertaining.

Unit 5 is on the ground floor and has had a fresh coat of paint to make it feel light and new. Inside is a large open plan living and dining area with carpeted flooring and a sliding door through to a communal yard space with tropical gardens. The kitchen has laminate counters with an eat in breakfast bar and overhead storage as well.

Each of the two bedrooms include a built in robe along with A/C and carpeted flooring. The bathroom cleverly hosts the laundry amenities within in a space saving design.

Spend your free time exploring the CBD, Water Front or Cullen Bay – all are within a few minutes of this low maintenance home. Perfect for the city dweller or the investor seeking a property with solid returns – this is a must see.


•Make everyday feel like a holiday with this inner city abode
•Off street parking and secure complex
•Centralised swimming pool has huge rockery feature and outdoor entertaining areas
•Covered walkways lead through to this ground floor apartment
•Inside has been freshly painted and feels modern and light
•2 bedrooms each have a built in robe and A/C along with carpeted flooring underfoot
•Bathroom hosts the laundry amenities in a space saving design
•Kitchen includes an eat at breakfast bar along with wrap around laminate counters
•Open plan living and dining area with carpeted flooring
•Sliding door through to a communal yard space with tropical gardens

Around the Suburb:
•2 minutes from the CBD
•Easy commute through to work or lifestyle activities
•Nearby to the Water Front, Cullen Bay, The Esplanade and so much more

Whittles Body Corporate $1,110 per quarter
Council Rates: $1,670 per annum
Area Under Title: 54m2
Zoning: CB (Central Business)
Settlement period: 45 days
Deposit: 10% or variation on request
Currently tenanted: $475 a week until September 11th 2024

Contact Stuart Rodda on 0424 780 982

Property History for 5/7 Finniss St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$235,000
24 Jun 2024
Listed for Rent
$475/w
06 Sep 2023
  • 24 Jun 2024
    Sold for $235,000
  • 18 Apr 2024
    Listed for Sale Not Disclosed
  • 01 Sep 2023
    Listed for Rent $475 / 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 5,324 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 66 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.

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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.