OFF MARKET

55 Newmarch Street
Muirhead NT 0810

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 150m2
Land area: 566m2
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Property Details for 55 Newmarch St, Muirhead

55 Newmarch St, Muirhead is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2013. The property has a land size of 566m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in June 2018.

Building Type
House
Year Built
2013
Floor Size
150m2
Land Size
566m2
Local Government
Darwin
Lot/Plan
Loc 550 Lot 10895/LTO2012/086A

Last Listing description (June 2018)

A near 6% return is hard to beat and definitely something for the investor to consider! Leased to DHA until November 2026 + 3 year option this is certainly one of the easier property investments to hold as it is nearly all managed for you. DHA manage the tenant, manage the property, and pay the rent each and every month for the entire term of the lease. You can be assured the $800 per week rent will be the minimum weekly rent you will receive for the entire length of the DHA lease term.
Muirhead is one of Darwin s exciting newer prestige suburbs with quality homes throughout. A family friendly master planned neighbourhood only minutes from the Royal Darwin Hospital, 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.

- A comfortable family home with a separate living space
- Not quite 4 years old the home was completed in May 2014
- Features include three bedrooms all with built-in robes
- The children s bedrooms run off a passage way to the rear
- The master suite comes with ensuite & walk-in robe
- The galley style kitchen overlooks the dining & family space
- Cool floor tiles and Split system air-conditioning throughout
- The family bathroom features a bath and separate shower recess
- Direct access into the home from the double attached garage
Under the terms and conditions of the DHA lease DHA throughout the lease term cover the cost of most non-structural repair and maintenance and Like for like replacement of a fixed appliance as required.
Rent: $800 per week
Lease edition: Edition 6B
Lease end date: 03/11/2026
Lease option: 1 x up to 36 months
Right to Vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension
(Note the option and right to vary is at DHA s discretion)
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: 1276

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Property History for 55 Newmarch St, Muirhead, NT 0810

A timeline of how this property has performed in the market
Last Sold
$680,000
06 Jun 2018
  • 06 Jun 2018
    Sold for $680,000
  • 02 Apr 2016
    Listed for Sale $770,000
  • 04 Nov 2014
    Sold for $770,000

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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 1,282 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.
There are currently 21 properties listed for sale, and 5 properties listed for rent in Muirhead on OnTheHouse. According to CoreLogic's data, 55 properties were sold in the past 12 months in Muirhead.

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