58AANDB/55 Cavenagh StreetDarwin City NT 0800
Property Details for 58aandb/55 Cavenagh St, Darwin City
58aandb/55 Cavenagh St, Darwin City is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a floor size of 79m2.
Last Listing description (January 2014)
A TOP and FIRST CLASS INVESTMENT OPPORTUNITY
This inner city apartment is conveniently located within walking distance to all the city centre and surrounds has to offer. It is a managed apartment in Cavenagh Street THE QUEST APARTMENTS.Consisting of two adjoining units, one is a fully furnished and beautifully appointed 1 bedroom apartment, with balcony and features a dual access to a fully furnished studio style apartment. These are achieving good returns with the capability to rent as two separate units. This investment opportunity is a worry free investment, as they are currently leased to the Quest Apartments for a long term and guaranteed lease arrangement. It offers the astute investor the opportunity to begin your first portfolio property within Darwin's buoyant real estate market. The units also have an underground allocated car park.The maintenance fees are approx. $349.80/qrt.
Property History for 58aandb/55 Cavenagh St, Darwin City, NT 0800
- 25 May 2015Listed for Sale Not Disclosed
- 10 Jan 2014Listed for Sale $469,000
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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 5,336 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.
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