605/43 Knuckey Street, Darwin City, NT 0800 | Property Value & History | OnTheHouse
OFF MARKET

605/43 Knuckey Street
Darwin City NT 0800

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 605/43 Knuckey St, Darwin City

605/43 Knuckey St, Darwin City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008.

Building Type
Unit
Year Built
2008
Local Government
Darwin

Last Listing description (October 2022)

13 Reasons Why You Should Invest in Darwin!

13 Reasons Why You Should Invest in Darwin!
1. 6.1% gross rental yield according to CoreLogic, Darwin also has the lowest median dwelling value of any capital city and real estate values
are expected to increase by up to 15% over the next few years so buyers will also achieve capital growth

2. CDU Education Precinct being built in the CBD 200mts from the Mantra Pandanus to open in 2024
3. INPEX's expansion includes a third processing train, as well as carbon capture and storage, and hydrogen projects to support a Net Zero 2050
4. Deloitte backs in the Territory to outstrip the Nation, with our growth forecast to easily be the strongest at 6.9 per cent.
5. Santos Ltd is getting on with delivering its $5 billion Barossa gas and condensate project and working on carbon capture and storage
6. Three gold mines under the banner of the Mt Bundy Gold Project by Primary Gold Ltd (PGO.ASX) Ltd are on track to restart this year, while Newmont Australia's $1.2 billion gold mine expansion in the Tanami is going ahead extending the life of the mine beyond 2040.
7. Copper and rare earths mining will become a reality in the Centre thanks to KGL Resources Limited and Arafura Resources Limited and Core Lithium's Finniss project is due to move from construction to production this year with a 4 year buyback deal with Tesla announced this week.
8. The Darwin Ship Lift is underway - https://cmc.nt.gov.au/advancing-industry/ship-lift
9. Darwin as the manufacturing home of the new Albatross Aircraft, to be built by Amphibian Aerospace Industries Pty Ltd. aircraft manufacturing
10. Darwin Waterfront Development - The $250-million master plan unveiled https://www.theurbandeveloper.com/articles/250-million-vision- for-darwin-waterfront
11. Airport Development Group - ADG has invested $25 million into transforming the Novotel & Mercure Darwin Airport Resort into a world class destination.
12. Defence spending and infrastructure - The PM just announced $747 million for upgrades at four Defence training areas in Darwin
13. The new 1.5 billion HyperOne high speed network is a new national hyperscale digital infrastructure project which will connect Darwin to every capital city in Australia

Raine and Horne is pleased to present the perfect investment property for you delivering 8% Gross Rental Income!
Property Details:
One bedroom, 6th floor suite in the Mantra Building located in the middle of Darwin CBD
Swimming pool, gym, elevator, and staffed foyer
Elegant entry via a modern lobby with banks of elevators to your floor
Modern bathroom with laundry amenities
Open plan living, and dining areas have carpeted flooring
Bedroom has a built-in robe, A/C and carpet underfoot
Kitchen includes dishwasher and overhead shelving
Sliding doors through to the balcony with city and sea views
Easy commute to work or lifestyle activities
Near to the Waterfront, Cullen Bay, The Esplanade and so much more
Parking space is available for lease at a cost $2500 per year.

Important Information
8% Gross Rental Return
Council Rates: Approx. $1502 per year
Area Under Title: 68 square metres
Year Built: 2008
Status: Vacant Possession
Rental Estimate: $450 - $470 Furnished per week
Body Corporate Levies: Approx. $1165 p/q including sinking fund of $130.00
Settlement period: 30 days or negotiable
Deposit: 10% or variation on request

Property History for 605/43 Knuckey St, Darwin City, NT 0800

A timeline of how this property has performed in the market
  • 03 Oct 2022
    Sold - Price Undisclosed
  • 24 Aug 2022
    Listed for Sale UNDER CONTRACT
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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 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.
There are currently 49 properties listed for sale, and 35 properties listed for rent in Darwin city on OnTheHouse. According to Cotality's data, 452 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.