OFF MARKET

509/5 Gardiner Street
Darwin City NT 0800

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 50m2
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Property Details for 509/5 Gardiner St, Darwin City

509/5 Gardiner St, Darwin City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 50m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
2012
Land Size
50m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 8475/UTS2012/011A

Last Listing description (July 2023)

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.

This apartment is filled with functional touches that give it easy use for the everyday. Streamlined cabinetry in the kitchen with banks of storage and a versatile layout make this kitchen super functional.

Open plan living and dining areas have tiled flooring and a sliding doors at the far end leading through to the balcony that also let in plenty of natural light and capture the cool sea breezes.

The bedroom offers built in storage and a desk with bifolding doors that allow a comfortable private sleep quarter or open up for free flowing design and city lights as you fall asleep. The bathroom includes the laundry room which is modern and well appointed with shower and vanity with ample storage built in.

Features Include:
1 bedroom inner city abode
Bifolding doors separate the bedroom from the living areas
Functional design with banks of built in cupboards
Open plan living and dining areas have tiled flooring underfoot and A/C
Balcony overlooks the city lights and captures the cool sea breezes

Positioned on the 5th floor with secure intercom and fob key access, the complex includes a swimming pool and secure carparking for one car.

Make contact today to arrange a private inspection.

Year Built: 2012 (approx)
Area under title: 50m
Council Rates: $1,520 (approx) per year
Body Corp Manager: Castle Real Estate
Body Corporate Levies: $1,731 (approx) per quarter
Status: Currently tenanted at $380 per week until Feb 2023

Property History for 509/5 Gardiner St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$199,000
15 Feb 2023
Listed for Rent
$320/w
13 Mar 2019
  • 15 Feb 2023
    Sold for $199,000
  • 15 Dec 2022
    Listed for Sale Sold
  • 12 Oct 2015
    Listed for Rent - Price not available
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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 5,326 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 82 properties listed for sale, and 68 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 297 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.