502/16 Harvey Street, Darwin City, NT 0800 sold on 31 March 2026 | OnTheHouse
SOLD
Sold on 31 Mar 2026 for $470,000

502/16 Harvey Street
Darwin City NT 0800

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Property Details for 502/16 Harvey St, Darwin City

502/16 Harvey St, Darwin City is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2015. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 2 bedroom Unit sold in Darwin City in the last 12 months.

Building Type
Unit
Year Built
2015
Local Government
Darwin
Lot/Plan
Loc 200 Lot 10323/UTS2015/055

Last Listing description (March 2026)

High-Yield CBD Investment Leased at $700/week Until Oct 2026

Perfectly positioned in a secure, modern complex in the heart of Darwin's CBD, this 2-bedroom, 2-bathroom apartment offers an exceptional investment opportunity with strong returns and minimal upkeep.

Currently leased at $700/week until 24 October 2026, it delivers an impressive approx. 7.74% gross rental yield.

With spacious open-plan living, a private balcony showcasing stunning city views, and a sleek modern kitchen, this apartment is highly appealing to tenants and future owner-occupiers alike. Resort-style facilities include a swimming pool, gym, BBQ area, kids' play space, secure parking, and a lock-up storage room.

Listed at $470,000, this is also a fantastic opportunity for first-home buyers-secure the property now, enjoy guaranteed rental income, and move in once the lease concludes.

Key Features

Leased at $700/week until 24 Oct 2026

Approx. 7.74% gross rental yield

2 bedrooms with built-in robes; master with ensuite

Spacious open-plan living flowing to a private balcony

Modern kitchen

Internal laundry

Split-system air conditioning

Secure basement car park + lock-up storage

Resort-style pool, gym, BBQ area & kids' play space

Prime CBD Location

Walk to offices, cafs, and shops

Close to Botanic Gardens & parks

Near Mitchell Street dining & nightlife

Minutes from the waterfront

E-Bike station nearby

Property Details

Area Under Title: 135 sqm

Body Corporate: Approx. $1482/qtr

Sinking Fund: Approx. $119/qtr

Council Rates: Approx. $510/qtr

Deposit: 10% (flexible)

Settlement: 30 Days

Contact Shyam Thapa on 0414 287 500 to arrange your private inspection.

All information has been sourced from reliable providers. Interested parties are advised to carry out their own inquiries.

Property History for 502/16 Harvey St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$470,000
31 Mar 2026
  • 10 Feb 2026
    Sold for $470,000
  • 31 Jul 2025
    Listed for Sale UNDER CONTRACT
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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 5,313 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.
There are currently 56 properties listed for sale, and 31 properties listed for rent in Darwin city on OnTheHouse. According to Cotality's data, 448 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.