5/79 Mitchell Street, Darwin City, NT 0800 | Property Value & History | OnTheHouse
OFF MARKET

5/79 Mitchell Street
Darwin City NT 0800

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 54m2
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Property Details for 5/79 Mitchell St, Darwin City

5/79 Mitchell St, Darwin City is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 54m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in December 2024.

Building Type
Unit
Year Built
1970
Floor Size
54m2
Land Size
54m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 4674/A 000567

Last Listing description (December 2024)

FOR ALL PROPERTY INFORMATION, please copy and paste the code below to your preferred web browser.
https://vltre.co/pYBB32

We are pleased to announce that Unit 5 is now under contract.

Complex Amenities
Lift: No
Swimming Pool: No
Pets: Please contact Elite Body Corporate for information
No. of Units in Complex: 72

The unit is a rare find in the heart of Darwin's CBD, offering fantastic potential for both first-time buyers and savvy investors. With a current gross rental yield of 10%, this property is already delivering strong returns and has ample opportunity for further value-adding improvements.

The unit features air-conditioning throughout for year-round comfort, and with plenty of storage, ensuring practicality alongside potential. A spacious layout provides a solid foundation for those looking to add their personal touch or undertake a stylish renovation.

Location is everything, and the unit definitely delivers! Enjoy the convenience of walking to work, nearby restaurants, and Darwin's vibrant nightlife. Plus, you're just moments from the beautiful Esplanade, perfect for morning or evening strolls by the water.

Don't miss this opportunity to secure a property with solid returns and limitless potential in one of Darwin's most sought-after locations. This is your chance to create something truly unique in the heart of the city!

Around the Suburb;
1 minute to the Esplanade
Surrounded by restaurants and bars
Take a scooter to Cullen Bay or the Waterfront Precinct
Nearby cafes, employment and more

Property History for 5/79 Mitchell St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$195,000
20 Dec 2024
Listed for Rent
$360/w
15 Aug 2023
  • 20 Dec 2024
    Sold for $195,000
  • 22 Oct 2024
    Listed for Sale UNDER CONTRACT
  • 19 Jul 2023
    Listed for Rent $360 / 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 5,309 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 57 properties listed for sale, and 64 properties listed for rent in Darwin city on OnTheHouse. According to Cotality's data, 375 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.