OFF MARKET

503/5 Gardiner Street
Darwin City NT 0800

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 63m2
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Property Details for 503/5 Gardiner St, Darwin City

503/5 Gardiner St, Darwin City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 63m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
Unit
Year Built
1997
Floor Size
50m2
Land Size
63m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 8469/UTS2012/011A

Last Listing description (June 2023)

This unit would suit the first homeowner or the astute investor looking to capitalise on the generous returns available for this type of property. Unlike most units in this complex, this is a full one-bedroom property rather than a studio with a sliding door. It also comes with a well-equipped kitchen and an open plan living and dining area. The bathroom is a clever use of space with the combined laundry. There is an extra study nook with loads of storage to help manage living in a one-bedroom unit.

Features include:

* Fully tiled throughout
* Study nook and extra storage
* Private balcony
* Secure parking for one car
* Roof top pool and sitting area
* low maintenance living at its finest

First home owners could possibly own this property for less than they are paying in rent. Investors could see significant returns with a rental appraisal of $250 - $270 per week. This property is in great condition and is well worth a look. Book your inspection today.

Property History for 503/5 Gardiner St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$190,000
21 Feb 2020
Listed for Rent
$350/w
22 Nov 2018
  • 02 Jun 2023
    Listed for Sale Sold
  • 21 Feb 2020
    Sold for $190,000
  • 03 Dec 2019
    Listed for Sale $190,000
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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 5,324 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.

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.