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.
Strategic Multi-Unit Investment | Wagaman NT
1-6/224 Trower Road, Wagaman
Asking Price: $1,999,999
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.
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:
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