54/21-23 Cavenagh Street, Darwin City, NT 0800 sold on 28 July 2026 | OnTheHouse
SOLD
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Sold on 28 Jul 2026 for $230,000

54/21-23 Cavenagh Street
Darwin City NT 0800

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 72m2
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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 July 2026. There are other 1 bedroom Unit sold in Darwin City in the last 12 months.

Building Type
Unit
Year Built
1997
Floor Size
54m2
Land Size
72m2
Local Government
Darwin

Last Listing description (August 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
Rental Appraisal $400-$450pw
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

A timeline of how this property has performed in the market
Last Sold
$230,000
28 Jul 2026
Listed for Rent
$350/w
13 Dec 2024
  • 28 Jul 2026
    Sold for $230,000
  • 10 Jun 2026
    Listed for Sale UNDER CONTRACT
  • 13 Dec 2024
    Listed for Rent $350 / 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 5,338 properties. Over the last 5 years, Houses in Darwin City have seen a -0.31% decrease in median value, while Units have seen a 27.45% increase. As at 31 July 2026:

  • The median value for Houses in Darwin City is $588,029 while the median value for Units is $497,064.
  • Houses have a median rent of $750 while Units have a median rent of $680.
There are currently 49 properties listed for sale, and 39 properties listed for rent in Darwin city on OnTheHouse. According to Cotality's data, 428 properties were sold in the past 12 months in Darwin city.

Suburb Insights for Darwin City 0800

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Maria Greensill
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Raine & Horne Darwin
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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.