4/50 Mitchell StreetDarwin City NT 0800
Property Details for 4/50 Mitchell St, Darwin City
4/50 Mitchell St, Darwin City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 12m2. While the property is not currently for sale or for rent, it was last sold in July 2024.
Last Listing description (December 2008)
WANT PURE CASH FLOW? GUARANTEED 8% + UNTIL 2010!
LITERALLY MAKE YOUR CARE FACTOR AS A LANDLORD ZERO WITH THIS INVESTMENT UNIT RENT INCREASES EVERY YEAR GUARANTEED UNTIL JUNE 2010! NEXT RETURNS WILL BE $8,285 FOR 2009 AND $8420 FOR 2010! YOUR OUTLAY? A TINY $400 PER YEAR TO THE SINKING FUND. THE REST IS CASH IN YOUR POCKET!! THAT'S 8% AND ABOVE ANNUAL RETURNS FOR THE NEXT TWO YEARS.
THE ROOM HAS IT'S OWN ENSUITE, IS AIR-CONDITIONED AND FULLY FURNISHED WITH A QUEEN-SIZE BED, SINGLE BED, FRIDGE AND COFFEE/TEA MAKING EQUIPMENT. HOTEL LEASE IN PLACE UNTIL 30TH JUNE 2010.
CONTACT AGENT JANZEY PRATT 0410452605 FOR FURTHER DETAILS AND PROPERTY REPORTS.
ADDITIONAL FEATURE - CLOSE TO SHOPS.
Property History for 4/50 Mitchell St, Darwin City, NT 0800
- 02 Jul 2024Sold for $4,200,000
- 15 Nov 2023Sold for $68,500
- 02 Mar 2009Sold for $95,000
Recent sales nearby
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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 5,318 properties. Over the last 5 years, Houses in Darwin City have seen a -5.59% decrease in median value, while Units have seen a 32.91% increase. As at 30 April 2026:
- The median value for Houses in Darwin City is $524,623 while the median value for Units is $495,876.
- Houses have a median rent of $750 while Units have a median rent of $650.
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