111/21-23 Cavenagh Street, Darwin City, NT 0800 | Property Value & History | OnTheHouse
OFF MARKET

111/21-23 Cavenagh Street
Darwin City NT 0800

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 34m2
Land area: 56m2
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Property Details for 111/21-23 Cavenagh St, Darwin City

111/21-23 Cavenagh St, Darwin City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 56m2 and floor size of 34m2. While the property is not currently for sale or for rent, it was last sold in January 2024.

Building Type
Unit
Year Built
1997
Floor Size
34m2
Land Size
56m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 5457/LTO96/077

Last Listing description (May 2026)

'Near the City, near the Sea' are not only prime investment principles but a great opportunity for a home at a very affordable price! With rapidly rising inflation, homes at this price may soon be in the distant past.

A city locale is also good for big savings on fuel costs with just about everything in easy walking distance including a wide range of employment opportunities, entertainment, drink, and food places, plus the very popular foreshore, Waterfront & Wharf precincts.


High up on the 7th level of the Metro building is this well-presented apartment designed for easy living. Enjoying city views from the big bedroom and very private balcony, perfect for singles, couples, or ideal as a second home for people who regularly visit Darwin. Currently leased at $420 per week to 18 Septemer 2026 with very happy tenants!

The home is fully equipped with good quality furniture and fittings. It's fully tiled and air-conditioned throughout, plus the ever-present lovely sea air providing good cross-full flow ventilation. Theres also a spa bath and a separate toilet room.

With excellent security, privacy, and secure in-house parking don't miss this opportunity.

Features include:
- Stylish 7th floor apartment in good condition in the heart of Darwin City
- Fully self-contained with quality furniture, fittings and fully air-conditioned
- Balcony to enjoy the great sea breezes, views, and city atmosphere
- Secure after-hours building entry off Cavenagh Street or Austin Lane, with Arcade through to The Mall
- Impressive entry foyer and twin elevator service
- Ground floor of building has two internal arcades including small, leased offices and some retail shops & cafe
- Secure in-house parking
- In the heart of the city a short walk to just about everything or a 5-minute stroll to the fabulous Waterfront precinct
- Owner occupancy on 18/9/2026, or continue leasing in very strong rental market
- Excellent privacy and security

Spacious 56m² layout
Elite Strata Management
$5,459 per annum including Sinking Fund
Council Rates: $1,758 per annum
Dual Elevators, secure building entry after hours.
Built 1997; NBN Connected
Leased at $420 per week until 18 Sept 2026 with happy tenants

Property History for 111/21-23 Cavenagh St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$185,000
31 Jan 2024
Listed for Rent
$320/w
18 Apr 2023
  • 16 Apr 2026
    Listed for Sale Offers over $235,000
  • 21 Aug 2025
    Listed for Rent $420 / week
  • 31 Jan 2024
    Sold for $185,000
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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 5,305 properties. Over the last 5 years, Houses in Darwin City have seen a 3.30% increase in median value, while Units have seen a 32.43% increase. As at 31 May 2026:

  • The median value for Houses in Darwin City is $643,251 while the median value for Units is $503,237.
  • Houses have a median rent of $750 while Units have a median rent of $650.
There are currently 52 properties listed for sale, and 36 properties listed for rent in Darwin city on OnTheHouse. According to Cotality's data, 452 properties were sold in the past 12 months in Darwin city.

Suburb Insights for Darwin City 0800

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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.