502/16 Harvey Street, Darwin City, NT 0800 | Apartment for sale | OnTheHouse
 
FOR SALE
Offers Over $470,000

502/16 Harvey Street
Darwin City NT 0800

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 135m2
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High-Yield CBD Investment – Leased at $700/week Until Oct 2026

Perfectly positioned in a secure, modern complex in the heart of Darwin's CBD, this fully furnished 2-bedroom, 2-bathroom apartment offers an exceptional investment opportunity with strong returns and minimal upkeep.
Currently leased at $700/week until 24 October 2026, it delivers an impressive approx. 7.74% gross rental yield.
With spacious open-plan living, a private balcony showcasing stunning city views, and a sleek modern kitchen with quality white goods, this apartment is highly appealing to tenants and future owner-occupiers alike. Resort-style facilities include a swimming pool, gym, BBQ area, kids' play space, secure parking, and a lock-up storage room.
Listed at $470,000, this is also a fantastic opportunity for first-home buyers-secure the property now, enjoy guaranteed rental income, and move in once the lease concludes.
🔑 Key Features
Leased at $700/week until 24 Oct 2026
Approx. 7.74% gross rental yield
2 bedrooms with built-in robes; master with ensuite
Spacious open-plan living flowing to a private balcony
Modern kitchen with fridge & dishwasher
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Property Details for 502/16 Harvey St, Darwin City

502/16 Harvey St, Darwin City is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a land size of 135m2. The place is currently for sale with Wealthmax Real Estate.

Building Type
Apartment
Land Size
135m2
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About Darwin City 0800

The population of Darwin City in 2016 was 6464 people. By 2021 the population was 7149 showing a population growth of 10.6% in the area during that time. The predominant age group in Darwin City is 20-29 years. Households in Darwin City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Darwin City work in a professional occupation.In 2021, 22.10% of the homes in Darwin City were owner-occupied compared with 22.80% in 2016.

Darwin City has 5,312 properties. Over the last 5 years, Houses in Darwin City have seen a -6.99% decrease in median value, while Units have seen a 34.23% increase. As at 30 November 2025:

  • The median value for Houses in Darwin City is $466,226 while the median value for Units is $464,220.
  • Houses have a median rent of $650 while Units have a median rent of $630.
There are currently 66 properties listed for sale, and 71 properties listed for rent in Darwin city on OnTheHouse. According to Cotality's data, 371 properties were sold in the past 12 months in Darwin city.

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Shyam Thapa
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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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