1/224 Trower Road, Wagaman, NT 0810 sold on 22 April 2026 | OnTheHouse
SOLD
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Sold on 22 Apr 2026 - Price Unavailable

1/224 Trower Road
Wagaman NT 0810

Bedrooms: 12
Bathrooms: 6
Car spaces: 1
Floor area: 63m2
Land area: 744m2
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Property Details for 1/224 Trower Rd, Wagaman

1/224 Trower Rd, Wagaman is a 12 bedroom, 6 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 744m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 12 bedroom Unit sold in Wagaman in the last 12 months.

Building Type
Unit
Year Built
1981
Floor Size
63m2
Land Size
744m2
Local Government
Darwin
Lot/Plan
Loc 550 Lot 4384

Last Listing description (April 2026)

Strategic Multi-Unit Investment | Wagaman NT

1-6/224 Trower Road, Wagaman
Asking Price: $1,999,999

Land Area: 744m

An exceptional opportunity to acquire a purpose-held block of six (6) residential units in the tightly held and centrally located suburb of Wagaman.

The complex comprises six well-configured two-bedroom, one-bathroom units, offering consistent rental appeal and efficient long-term management. The property is self-managed and positioned on a generous 744m allotment, making it well suited to investors seeking scale, stability, and future upside.

Investment Highlights:

Block of 6 self-contained units
All units feature 2 bedrooms and 1 bathroom
Strong rental demand location
Self-managed complex

Income:
Current Weekly Rental Income - $2,020
Currently Annual Rental Income - $105,404
Market Potential - $125,170- $170,000

Outgoings:
Water costs: approx. $2,200 $2,500 per quarter
Council rates: approx. $2,591 per quarter

Proximity and walking distance to Casuarina Shopping Centre, Royal Darwin Hospital, schools, public swimming pool/water playgrounds for children and public transport.

Secure a consolidated residential asset in a proven Darwin growth corridor, ideal for investors seeking dependable income with long-term capital potential.

Further information available upon request. Inspections by appointment.

Property History for 1/224 Trower Rd, Wagaman, NT 0810

A timeline of how this property has performed in the market
Last Sold
22 Apr 2026
Listed for Rent
$330/w
23 May 2023
  • 22 Apr 2026
    Sold
  • 31 Jan 2026
    Listed for Sale Contact Agent
  • 29 Apr 2023
    Listed for Rent $330 / week
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About Wagaman 0810

The size of Wagaman is approximately 0.8 square kilometres. It has 5 parks covering nearly 10.5% of total area. The population of Wagaman in 2016 was 2163 people. By 2021 the population was 2023 showing a population decline of 6.5% in the area during that time. The predominant age group in Wagaman is 30-39 years. Households in Wagaman are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wagaman work in a professional occupation.In 2021, 55.30% of the homes in Wagaman were owner-occupied compared with 56.70% in 2016.

Wagaman has 750 properties. Over the last 5 years, Houses in Wagaman have seen a 43.58% increase in median value, while Units have seen a 38.10% increase. As at 30 April 2026:

  • The median value for Houses in Wagaman is $672,082 while the median value for Units is $339,784.
  • Houses have a median rent of $710 while Units have a median rent of $500.
There are currently no properties listed for sale, and no properties listed for rent in Wagaman on OnTheHouse. According to Cotality's data, 54 properties were sold in the past 12 months in Wagaman.

Suburb Insights for Wagaman 0810

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Renees Realty NT
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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.