SOLD
Sold on 13 Dec 2024 for $406,500

18/31 Gardens Hill Crescent
The Gardens NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
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Property Details for 18/31 Gardens Hill Cres, The Gardens

18/31 Gardens Hill Cres, The Gardens is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1987. The property has a floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom Unit sold in The Gardens in the last 12 months.

Building Type
Unit
Year Built
1987
Floor Size
71m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 5641/LTO87/085

Last Listing description (December 2024)

To view building report, Body Corporate information or to place a bid/offer text 18GRDN to 0488 810 057

Tucked away in a quiet complex setting perfectly presented with lush tropical gardens cascading from manicured garden beds ? this turnkey property is an ideal investment choice for the home maker or the portfolio enhancer.

Located at the rear of the complex well back from the main road, this property has a single carport parking bay at the front plus there is in complex guest parking spaces dotted about for use as well. A screen of gardens offers shade and privacy for the home and a ring of bamboo around the exterior entertaining areas provides an additional layer of privacy when entertaining.

Inside is an open plan living, dining and kitchen area with a modern design and functional layout. The kitchen has an island bench along with overhead storage space and a door through to the outdoor entertaining areas for a great flow. Outside is an extended verandah that has a spa and tropical gardens along with a tiled outdoor entertaining area that is super easy maintenance and high impact.

Down the hallway are two bedrooms each with a built-in robe and air-conditioning along with a sliding window to let in the light and natural breezes. The bathroom is also modern and well done with a shower and a vanity that has built in storage space.

Around the suburb:
- Your daily commute to work in the CBD will only be 5 minutes by car or e-scooter
- Endless dining and nightlife options in the heart of the city
- Public transport options are walking distance away
- Spend weekends exploring nearby Botanical Gardens, a hit of golf or at Mindil beach enjoying the Casino or local dry season markets
- Schooling options are nearby for all ages; Darwin High School, Darwin Middle School, St John's Catholic College, Stuart Park Primary and St Mary's Catholic Primary

Council Rates: Approx. $1,750 per annum.
Date Built: 1987
Area Under Title: 71sqm
Pool Status: Pool Certified to Non-standard Safety Provision (MAS-NSSP) on Unit 18
Status: Tenanted for $500 per week until May 2025
Rental Estimate: $500 - $520 per week
Vendors Conveyancer: Tschirpig Conveyancing
Settlement: 40 Days or variation on request
Deposit: 10% or variation on request
Body Corporate: Whittles Body Corporate (Pets allowed on application)
Body Corporate Levies: Approx. $990 per quarter.

Property History for 18/31 Gardens Hill Cres, The Gardens, NT 0820

A timeline of how this property has performed in the market
Last Sold
$406,500
13 Dec 2024
Listed for Rent
$550/w
12 Apr 2023
  • 13 Dec 2024
    Sold for $406,500
  • 14 Oct 2024
    Listed for Sale SOLD
  • 14 Apr 2023
    Sold for $395,000
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About The Gardens 0820

The size of The Gardens is approximately 1.8 square kilometres. It has 5 parks covering nearly 51.3% of total area. The population of The Gardens in 2011 was 742 people. By 2016 the population was 718 showing a population decline of 3.2% in the area during that time. The predominant age group in The Gardens is 20-29 years. Households in The Gardens are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in The Gardens work in a professional occupation. In 2011, 35.8% of the homes in The Gardens were owner-occupied compared with 33.2% in 2016..

The Gardens has 453 properties. Over the last 5 years, Houses in The Gardens have seen a 11.49% increase in median value, while Units have seen a 47.00% increase. As at 30 November 2024:

  • The median value for Houses in The Gardens is $600,262 while the median value for Units is $454,910.
  • Houses have a median rent of $600 while Units have a median rent of $575.
There are currently 2 properties listed for sale, and no properties listed for rent in The gardens on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in The gardens.

Suburb Insights for The Gardens 0820

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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.