SOLD
Sold on 15 Nov 2023 for $310,000

706/31 Woods Street
Darwin City NT 0800

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 88m2
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United Realty NT
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Property Details for 706/31 Woods St, Darwin City

706/31 Woods St, Darwin City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 88m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 1 bedroom Unit sold in Darwin City in the last 12 months.

Building Type
Unit
Year Built
2014
Land Size
88m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 9567/UTS2014/054

Last Listing description (November 2023)

Located in Darwin City, boasting amazing city and water views and showing a 4% nett return. This one bedroom apartment is a true set and forget investment.

Positioned on level 7 of the Oaks Elan building and leased to Oaks, the apartment is well maintained and regularly serviced.


The bedroom easily accommodates a queen bed and offers a built in robe, Stylish ensuite which also combines the internal laundry, which is complete with washer and dryer.

As you walk down the hall into the living area, you are greeted by an amazing city and suburban view, which expands and improves to take in more of Darwin's skyline and water vistas as you step out onto a generous balcony.

A stylishly presented and well equipped kitchen, complete with stone tops, blends seamlessly into its surrounds and flows onto a well proportioned living area.

Additional benefits include:

- Single car space
- Storage cage
- Pool and Gym in building
- Cafe on site
- Fully maintained investment

706 is loaded with appeal, whether you choose to occupy this stunning one bedroom city apartment yourself or benefit from a worry free ready made investment.

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Property History for 706/31 Woods St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$310,000
15 Nov 2023
Listed for Rent
$420/w
14 Mar 2016
  • 15 Nov 2023
    Sold for $310,000
  • 07 Jun 2023
    Listed for Sale $315,000
  • 02 Mar 2016
    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 5,361 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.
There are currently 84 properties listed for sale, and 55 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.

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