OFF MARKET

602/8 Shepherd Street
Darwin City NT 0800

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 89m2
Land area: 132m2
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Property Details for 602/8 Shepherd St, Darwin City

602/8 Shepherd St, Darwin City is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2016. The property has a land size of 132m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
2016
Floor Size
89m2
Land Size
132m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 10730/UTS2016/015

Last Listing description (October 2016)

Investors we invite you to consider adding VUE Grande at 8 Shepherd St Darwin to your property portfolio. This is Darwin's newest address with quality fixtures and fittings this boutique style apartment complex will make a major change to your investment profile.
Investors just imagine the easy walk to the major transport hubs, shopping centres, world famous nightlife of Mitchell streets hospitality outlets and the great restaurants Darwin has to offer it is all at your tenants feet.
This brand new 2 bedroom, 2 Bathroom, 2 carpark, apartment with storeroom has everything you could imagine. Whether your tenants are relaxing by the pool or on the podium level over looking the pool, to sitting on the balcony taking in the city views.

Currently leased this means you are instantly getting a return on your investment. This apartment is fully furnished including whitegoods and is only 9 weeks old.
Boasting some of the lowest body corporate fees in the city between $900 and $1100 a quarter.
Whilst achieving very generous rental yield s at $660 per week on current lease.
This apartment complex is completely managed by our property management team here at Go Wise Real Estate which has helped us put our tenants through a selection process which guarantees you have someone who is going to care and look after your investment.
The applications came flooding in and we had fully leased the 16 units out in a five week period.
You won't be disappointed so give me Jade Blazely a call now on 0407003008 to make an appointment for your exclusive private viewing.

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Property History for 602/8 Shepherd St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$535,000
06 Oct 2021
  • 06 Oct 2021
    Sold for $535,000
  • 30 Aug 2016
    Listed for Sale Investors Dream

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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 5,383 properties. Over the last 5 years, Houses in Darwin City have seen a -3.25% decrease in median value, while Units have seen a 25.89% increase. As at 30 November 2024:

  • The median value for Houses in Darwin City is $457,354 while the median value for Units is $402,400.
  • Houses have a median rent of $585 while Units have a median rent of $600.
There are currently 77 properties listed for sale, and 71 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 314 properties were sold in the past 12 months in Darwin city.

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