503/5 Gardiner StreetDarwin City NT 0800
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.
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
- 02 Jun 2023Listed for Sale Sold
- 21 Feb 2020Sold for $190,000
- 03 Dec 2019Listed for Sale $190,000
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0About 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 5,361 properties. Over the last 5 years, Houses in Darwin City have seen a 6.61% increase in median value, while Units have seen a 26.95% increase. As at 31 August 2024:
- The median value for Houses in Darwin City is $509,256 while the median value for Units is $421,751.
- Houses have a median rent of $600 while Units have a median rent of $600.
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