56 Smith Street, Darwin City, NT 0800 | Property Value & History | OnTheHouse
OFF MARKET

56 Smith Street
Darwin City NT 0800

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3800m2
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Property Details for 56 Smith St, Darwin City

Building Type
Commercial
Land Size
3800m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 2322/OP 001210A

Last Listing description (September 2025)

Strategically positioned in the epicentre of Darwin's CBD, this prominent corner site offers exceptional visibility and scale.
56 Smith Street is one of Darwin's most prominent commercial assets, centrally positioned on a 3,800sqm* corner site at Smith Street, Knuckey Street and Austin Lane.

Key Features:
• Prime CBD location on one of Darwin's most prominent intersections
• 3,800sqm* site with expansive development footprint
• Three street frontages offering 180m* of exposure and access
• Diverse and established tenancy mix delivering significant cashflow
• Development opportunity - Height limit of 90 metres* (STC)

The Northern Territory is currently on a powerful economic comeback. Backed by the 'Rebuilding the Economy Strategy 2025-2028', the Territory is forecast to outpace national growth, driven by investment in defence, energy, infrastructure, and major projects.

Whether you're an investor seeking secure returns or a developer with a vision for Darwin's future, this landmark CBD asset presents a rare opportunity.

*Approx.

Property History for 56 Smith St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$23,100,000
31 Jan 2014
Listed for Rent
$958/w
26 Feb 2025
  • 02 Sep 2025
    Listed for Sale Contact agents for more information
  • 21 Feb 2025
    Listed for Rent - Price not available
  • 12 Oct 2021
    Listed for Sale For Sale - Please Contact Agents
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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 5,310 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.