OFF MARKET

5 Bridge Street
Muirhead NT 0810

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 180m2
Land area: 717m2
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Property Details for 5 Bridge St, Muirhead

Building Type
Land
Year Built
2023
Floor Size
180m2
Land Size
717m2
Local Government
Darwin
Lot/Plan
Loc 550 Lot 11471/LTO2013/110F

Last Listing description (May 2023)

Level fenced and cleared; this site is ready to build on. Situated on the corner of Bevan Street. The 717 sqm allotment presents a rare, fuss free site to construct either a brand-new home on or potential for two dwellings
(subject to council approval).

This outstanding location delivers the convenience and lifestyle benefits of schools and amenities on the doorstep, with Royal Darwin Hospital as well as Casuarina Shopping Centre only a short distance it's no wonder this popular suburb attracts both professionals, families, and retirees.

Providing a blank canvas to build upon, allowing integration of intelligent design elements to maximize interaction with the outdoors and all while living in the premium northern suburbs of Darwin.

Muirhead is a premier northern suburb of Darwin with a stunning location and master planned amenity. Securing this unique property, places you in an immediate position to plan, design and appoint a builder to get your little piece of paradise constructed with no wait time on title and weather delays on delivery of services.

This vacant block of land offers an outstanding and rare opportunity to secure a premium site.

Council Rates: $2,250 per annum (approx.)
Zoning : SD 23 (Specific Use)
Area Under Title: 717 square metres
Status: Vacant Land
Vendor Conveyancer : TBC
Deposit: 10% or variation on request
Settlement: 45 days or variation on request
Easements as per title: Electricity supply Easement to Power and Water Corporation

Property History for 5 Bridge St, Muirhead, NT 0810

A timeline of how this property has performed in the market
Last Sold
$438,000
25 Aug 2023
  • 25 Aug 2023
    Sold for $438,000
  • 07 Sep 2021
    Sold for $415,000
  • 12 Jul 2021
    Listed for Sale SOLD
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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 42.99% increase in median value, while Units have seen a 40.67% increase. As at 30 September 2024:

  • The median value for Houses in Muirhead is $711,011 while the median value for Units is $687,459.
  • Houses have a median rent of $800 while Units have a median rent of $765.
There are currently 21 properties listed for sale, and 2 properties listed for rent in Muirhead on OnTheHouse. According to CoreLogic's data, 53 properties were sold in the past 12 months in Muirhead.

Suburb Insights for Muirhead 0810

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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.