57/21-23 Cavenagh StreetDarwin City NT 0800
Property Details for 57/21-23 Cavenagh St, Darwin City
57/21-23 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 39m2 and floor size of 35m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 1 bedroom Unit sold in Darwin City in the last 12 months.
Last Listing description (June 2025)
Discover an extraordinary investment opportunity nestled in the vibrant heart of Darwin city! This property promises an impressive return on investment of approximately 9%, positioning it as a lucrative option for savvy investors. Conveniently located just 50 meters from the vibrant Darwin Mall, this property offers the perfect blend of urban excitement and serene relaxation. A leisurely 1-kilometer stroll will lead you to the stunning Darwin Waterfront, where an abundance of alfresco dining opportunities await, promising delightful culinary experiences against a picturesque backdrop. Embrace the allure of city living while indulging in the tranquility of waterfront charm, all within effortless reach from this exceptional property.
Situated in a prime location, this one-bedroom, one-bathroom unit boasts spacious living areas and a large bedroom, providing ample comfort and convenience. Step out onto the balcony and enjoy breathtaking views of the entire cityscape, creating a captivating backdrop for relaxation or entertaining guests.
With all essential amenities conveniently located downstairs, including cafes and the renowned Cavanagh Street Pub, residents enjoy easy access to everything they need right at their doorstep. The property is currently rented until next year, eliminating any concerns about finding tenants and providing a secure source of income for the foreseeable future.
Don't miss out on this opportunity to secure a prime investment property in one of Darwin's most sought-after locations.
>Council rate: $1649 Annually
>Body Corporate: Elite Strata
>Body corporate fees: $1118 Per Quater
>Floor size: 38sqm
>Stauts: Tenanted
>Tenanted: Leased until 07/10/25
> Rent: $300 per week furnished.
>ROI Yield: 9% Approx.
>Built: 1997
Property History for 57/21-23 Cavenagh St, Darwin City, NT 0800
- 15 Apr 2026Sold for $195,000
- 06 Nov 2024Listed for Sale $169,000
- 06 Aug 2024Listed for Rent $300 / 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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