10 Newmarch StreetMuirhead NT 0810
Property Details for 10 Newmarch St, Muirhead
10 Newmarch St, Muirhead is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2014. The property has a land size of 630m2 and floor size of 170m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (November 2017)
Investors! This is an ideal property for your Superannuation Fund. A secure long term lease until January 2026 plus a three year option at an impressive $780 per week. Best of all $780 is the minimum rent you will receive for the entire length of the DHA lease term which is reassuring in times of uncertainty. A smart investment with zero vacancy rates and virtually nothing to spend on upkeep or maintenance.
Muirhead is Darwin's newest prestige suburb with high quality homes throughout. A family friendly neighbourhood only minutes from both Hospitals, Casuarina Square and Charles Darwin University.
Investing in DHA - This property is for sale on behalf of a DHA lessor and has a DHA lease in place. Visit dha.gov.au to lean about the benefits of investing in DHA property.
- Constructed to DHA's high standard situated on a sizable 630 m2 block
- Four generous bedrooms each featuring built-in wardrobes
- Cool floor tiles and Split system air-conditioning throughout
- There is a separate living area at the front of the home
- The kitchen overlooks the family and dining area
- Handy direct access to and from the double attached garage
- There is side access through to the rear yard
- The family bathroom features a bath and separate shower recess
Under the terms and conditions of the DHA lease, with rent review conditions 'Greater of market rent or the rent at commencement date' the rent is paid 365 days per year, even if the property becomes vacant for a short period. DHA throughout the lease term cover the cost of most non-structural repair and maintenance, and 'Like for like' replacement of fixed appliance as required.
Lease end: 06/01/2026
Option available: 1 x up to 36 months
Right to Vary available: 1 x up to 12 months Reduction and 1 x up to 12 months Extension
Rent: $780 per week
In accordance with DHA regulations we advise that this property will be available for private inspection only and to prequalified buyers only. Photos are supplied under agreement by DHA and are for illustration purpose only.
Property Code: 2044
Property History for 10 Newmarch St, Muirhead, NT 0810
- 07 Oct 2022Sold for $730,000
- 14 Feb 2018Sold
- 06 May 2017Listed for Sale Not Disclosed
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About Muirhead 0810
The size of Muirhead is approximately 1.7 square kilometres. It has 11 parks covering nearly 9.3% of total area. The population of Muirhead in 2006 was 84,116 people. By 2016 the population was 2,418 showing a population decline of 97.1% in the area during that time. The predominant age group in Muirhead is 30-39 years. Households in Muirhead are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Muirhead work in a professional occupation. In 2006, 31.6% of the homes in Muirhead were owner-occupied compared with 46.1% in 2016.
Muirhead has 1,283 properties. Over the last 5 years, Houses in Muirhead have seen a 34.96% increase in median value, while Units have seen a 35.65% increase. As at 31 October 2024:
- The median value for Houses in Muirhead is $696,239 while the median value for Units is $682,378.
- Houses have a median rent of $800 while Units have a median rent of $765.
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