This is a rare opportunity to secure a unique Low Medium Density Residential (LMR) zoned allotment, available for the first time in 21 years since its original purchase!
Spanning an impressive 3,890sqm, the site presents significant development potential.
It is ideal for low-rise residential projects (up to two storeys), the block lends itself to a variety of configurations including single dwellings, independent residences, or multi-unit developments.
Located in the established suburb of Rosebery, the property enjoys proximity to parks, schools, and shopping facilities, and is just a short 5-minute drive from Palmerston CBD.
With the Darwin property market showing strong signs of recovery and growth across both units and houses, now is the perfect time to invest. Whether you choose to build and sell or develop and hold, this site offers an exceptional opportunity. Plus, while you prepare your plans and development application, you'll benefit from the Northern Territory's advantage of no land tax!
The size of Rosebery is approximately 1.9 square kilometres. It has 20 parks covering nearly 11.3% of total area. The population of Rosebery in 2016 was 4218 people. By 2021 the population was 4127 showing a population decline of 2.2% in the area during that time. The predominant age group in Rosebery is 30-39 years. Households in Rosebery are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rosebery work in a trades occupation.In 2021, 44.70% of the homes in Rosebery were owner-occupied compared with 38.80% in 2016.
Rosebery has 1,673 properties. Over the last 5 years, Houses in Rosebery have seen a 43.13% increase in median value, while Units have seen a 50.99% increase. As at 31 January 2026:
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