1006/79 Smith Street, Darwin City, NT 0800 | Property Value & History | OnTheHouse
OFF MARKET

1006/79 Smith Street
Darwin City NT 0800

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 66m2
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Property Details for 1006/79 Smith St, Darwin City

1006/79 Smith St, Darwin City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 66m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Unit
Year Built
2014
Floor Size
60m2
Land Size
66m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 8779/UTS2013/036

Last Listing description (October 2023)

Are you seeking an exquisite urban retreat in the heart of Darwin? Look no further! This stunning one-bedroom apartment is a masterpiece of modern design and comfort. Unlike anything you've seen before, this property promises a lifestyle of luxury and convenience.

Key Features:

Spacious bedroom with a king-sized bed and generous mirrored built-in wardrobe.
Well-appointed kitchen with modern appliances, including a dishwasher.
Elegant bathroom with contemporary finishes.
Internal laundry for added convenience.
Secure undercover parking for your peace of mind.
Access to a large pool, perfect for cooling off on hot days.
Enjoy the balcony views as you watch the storms roll in.
Fully Furnished and Equipped
This apartment is tastefully furnished and equipped, so all you need to bring is your
suitcase. The unit is beautifully designed, ensuring your comfort and satisfaction.
Located on the 10th floor, offering breath-taking views.
Comes with a full furniture package, ideal for holiday rentals or long-term tenants.
Accessible via both Smith Street (main entrance) and Briggs Street (private entrance).
Enjoy on-site amenities such as a fully licensed restaurant, a gym, and secure
undercover parking.

Situated in a prime location, this unit won't last long. It offers easy access to everything the city has to offer, including supermarkets, restaurants, and public transport, all within walking distance. Plus, you're just one street away from the stunning Esplanade with uninterrupted sea views from your private balcony.

Whether you're a savvy investor or a homebuyer, this property is a fantastic opportunity to capitalise on the current market. The unit is currently tenanted at $500 per week, with an agreement in place from 10/02/2023 to 08/02/2024, ensuring a positive cash flow for investors. The estimated return on investment (ROI) for the property is approximately 7.23%. This ROI represents the annual rental income as a percentage of the property's purchase price after accounting for the management fee.

For more information on this exceptional property please contact Jacob McKenna, today. Don't miss out on this rare opportunity to own a piece of luxury in the heart of the city.

Disclaimer: Representative Images:
Please be advised that the images provided are representative and may not depict the current condition of the property. Due to the property being currently tenanted and in consideration of the tenant's privacy, we have used older photos for marketing purposes.

Text 79SMI to 0472 880 252 for more property information

Council Rates: Approx. $1650 per annum
Area Under Title: 66 sqm
Zoning: CB (Central Business)
Status: Vacant Possession
Weekly Rent: $500pw
Body Corporate: Whittles Body Corporate
Body Corporate Levies: Approx. $2009 per quarter
Settlement period: 45 Days
Deposit: 10% or variation on request
Easements as per title: None Found

Property History for 1006/79 Smith St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$310,000
03 Nov 2023
Listed for Rent
$500/w
07 Feb 2023
  • 03 Nov 2023
    Sold for $310,000
  • 21 Sep 2023
    Listed for Sale SOLD
  • 06 Jan 2023
    Listed for Rent $500 / week
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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 5,307 properties. Over the last 5 years, Houses in Darwin City have seen a -6.24% decrease in median value, while Units have seen a 38.58% increase. As at 31 December 2025:

  • The median value for Houses in Darwin City is $480,185 while the median value for Units is $474,317.
  • Houses have a median rent of $650 while Units have a median rent of $630.
There are currently 52 properties listed for sale, and 62 properties listed for rent in Darwin city on OnTheHouse. According to Cotality's data, 373 properties were sold in the past 12 months in Darwin city.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.