SOLD
Sold on 22 Dec 2023 for $320,000

505 Darwin River Road
Darwin River NT 0841

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 529500m2
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Property Details for 505 Darwin River Rd, Darwin River

Building Type
Land
Land Size
529500m2
Local Government
Litchfield
Lot/Plan
Loc 160 Lot 2437/LTO75/005

Last Listing description (May 2019)

Property ID: 9886760074 - required for telephone enquiry.
70 kilometres from Darwin (or 50 km from Palmerston) is an opportunity not to be missed. This is the time to buy....make an offer!
The iconic Darwin River runs through the property, resulting in a large 109 acre portion and a smaller 23 acre portion on each side of the river. The property is partially cleared, however the majority is still vegetated with a mixture of tall timber and pockets of rainforest.

Darwin River Road is a bitumen road, just past the Territory Wildlife Park, Berry Springs Primary School, IGA, petrol station and post office.
Darwin River Road is also the home to the Darwin River Tavern and the Darwin River Dam.
Local industries include; mango, banana, other tropical fruit growers and Asian vegetables.
This property would be ideal for development (resort or subdivision), as Darwin's rural area is expanding very fast. Power and telephone are serviced at the entrance to the property.
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Property History for 505 Darwin River Rd, Darwin River, NT 0841

A timeline of how this property has performed in the market
Last Sold
$320,000
22 Dec 2023
  • 22 Dec 2023
    Sold for $320,000
  • 06 Apr 2018
    Listed for Sale $800,000+
  • 23 May 2007
    Sold

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About Darwin River 0841

The size of Darwin River is approximately 142.3 square kilometres. It has 2 parks covering nearly 0.3% of total area. The population of Darwin River in 2011 was 694 people. By 2016 the population was 719 showing a population growth of 3.6% in the area during that time. The predominant age group in Darwin River is 50-59 years. Households in Darwin River are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Darwin River work in a trades occupation. In 2011, 80.2% of the homes in Darwin River were owner-occupied compared with 82.4% in 2016.

Darwin River has 429 properties. Over the last 5 years, Houses in Darwin River have seen a 17.86% increase in median value, while Units have seen a -67.21% decrease. As at 30 September 2024:

  • The median value for Houses in Darwin River is $540,610 while the median value for Units is $763,266.
  • Houses have a median rent of $388.
There are currently 8 properties listed for sale, and no properties listed for rent in Darwin river on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Darwin river.

Suburb Insights for Darwin River 0841

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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.