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Sold on 25 Oct 2024 for $244,500

501/3 Gardiner Street
Darwin City NT 0800

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 63m2
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Property Details for 501/3 Gardiner St, Darwin City

501/3 Gardiner St, Darwin City is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2012. The property has a land size of 63m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom House sold in Darwin City in the last 12 months.

Building Type
House
Year Built
2012
Floor Size
52m2
Land Size
63m2
Local Government
Darwin

Last Listing description (October 2024)

Offering an excellent investment opportunity with the brand new Charles Darwin University Campus less than 100m away, this property will offer fantastic student accommodation and low vacancy rates for the foreseeable future. With a tenant already in place, start yourself off ahead of the pack with immediate rental returns!

Showcasing;
1 bedroom inner city abode with a study and pull out guest bed

Functional design with banks of built in cupboards
Open plan living and dining areas have tiled flooring and split system A/C
Kitchen includes stone counters, double sliding door pantry and overhead cupboards
Bedroom includes built in overbed storage along with twin robes and tiled flooring
Bathroom has incorporated laundry amenities
Balcony overlooks the city lights and captures the cool sea breezes
1 secure car parking space within the complex, fob key entry, elevator access
Home office / studio with a built in desk and plenty of storage space
Communal swimming pool in complex overlooking Darwin City

Council Rates: $1,660 per annum (approx.)
Area Under Title: 63 square metres
Year Built: Circa 2012
Status: Leased at $430 per week to September 2024
Body Corporate: Whittles Body Corporate
Body Corporate Levies: $2,171 per quarter (approx.) - $1,865 admin / $306 sinking
Easements as per title: None Found

Property History for 501/3 Gardiner St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$244,500
25 Oct 2024
Listed for Rent
$430/w
15 Mar 2024
  • 25 Oct 2024
    Sold for $244,500
  • 06 Jun 2024
    Listed for Sale UNDER CONTRACT
  • 22 Feb 2024
    Listed for Rent $430 / 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 5,328 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 80 properties listed for sale, and 67 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 287 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.