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 June 2026. There are other 1 bedroom Unit sold in Darwin City in the last 12 months.
'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 securitySpacious 56m layoutElite Strata Management$5,459 per annum including Sinking Fund Council Rates: $1,758 per annumDual Elevators, secure building entry after hours.Built 1997; NBN Connected Leased at $420 per week until 18 Sept 2026 with happy tenants
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 5,310 properties. Over the last 5 years, Houses in Darwin City have seen a 7.11% increase in median value, while Units have seen a 32.78% increase. As at 30 June 2026:
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