54/21-23 Cavenagh StreetDarwin City NT 0800
Property Details for 54/21-23 Cavenagh St, Darwin City
54/21-23 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 72m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in April 2005.
Last Listing description (July 2026)
This unit offers more space than most one bedroom apartments in this building and presents an outstanding opportunity for investors or owner-occupiers alike. Located in the heart of the CBD overlooking Austin Laneway off Smith Street Mall, this apartment offers an easy-access kitchen and a seamless open-plan living and dining area that flows onto a private balcony. The master bedroom features a corner bath ensuite with Jack-and-Jill toilet access. A secure undercover car park completes the package.
With its unbeatable central location and excellent rental performance delivering close to an 8% gross rental return, this is a low-maintenance property with strong investment appeal. Enjoy easy access to shopping, dining, entertainment and all the conveniences of city living and parking right at your doorstep.
Property Highlights:
Larger than most studio units in this complex
Easy Access Kitchen
1 Master Bedroom with Ensuite
Open plan living and dining
Private balcony overlooking the laneway
Secure undercover car parking
Prime CBD location between Cavenagh retail area and Smith Street Mall
Strong investment potential with approximately 8% gross rental yield
Low-maintenance city lifestyle or investment opportunity
Rent: $360pw
Lease Expiry: 18 Jan 27
Body Corporate Manager: Elite SM
Body Corporate: $1,556.25 qtr
Council Rates: Approx $439 qtr
72m2 Under Title
Property History for 54/21-23 Cavenagh St, Darwin City, NT 0800
- 10 Jun 2026Listed for Sale Buying Guide $240,000
- 13 Dec 2024Listed for Rent $350 / week
- 30 Aug 2021Listed for Rent $350 / week
Recent sales nearby
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0About 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 5,310 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:
- The median value for Houses in Darwin City is $651,302 while the median value for Units is $510,220.
- Houses have a median rent of $735 while Units have a median rent of $673.
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