86/50 Mitchell St, Darwin City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 12m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Darwin City in the last 12 months.
''CENTRAL CBD INVESTMENT OPPORTUNITY'nThis is your chance to put your footprint in Darwin's buoyant real estate market.
It's a small investment but it gives you great returns of approximately 8% per annum with annual rental reviews.
Body corporate is a low, approximately $150.00 per quarter which covers all property Rates, Sewerage and Property Insurance.
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:
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