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Back 502/16 Harvey Street
Off Market

502/16 Harvey Street

Darwin City NT 0800

2
2
2
135 m²
Apartment
Last sold for $470,000
Shyam ThapaShyam Thapa, last sold this property on 09 February 2026 after 193 days on market.

Overview

High-Yield CBD Investment – Leased at $700/week Until Oct 2026

Perfectly positioned in a secure, modern complex in the heart of Darwin's CBD, this 2-bedroom, 2-bathroom apartment offers an exceptional investment opportunity with strong returns and minimal upkeep. Currently leased at $700/week until 24 October 2026, it delivers an impressive approx. 7.74% gross rental yield. With spacious open-plan living, a private balcony showcasing stunning city views, and a sleek modern kitchen, this apartment is highly appealing to tenants and future owner-occupiers alike. Resort-style facilities include a swimming pool, gym, BBQ area, kids' play space, secure parking, and a lock-up storage room. Listed at $470,000, this is also a fantastic opportunity for first-home buyers-secure the property now, enjoy guaranteed rental income, and move in once the lease concludes. 🔑 Key Features Leased at $700/week until 24 Oct 2026 Approx. 7.74% gross rental yield 2 bedrooms with built-in robes; master with ensuite Spacious open-plan living flowing to a private balcony Modern kitchen Internal laundry Split-system air conditioning Secure basement car park + lock-up storage Resort-style pool, gym, BBQ area & kids' play space 📍 Prime CBD Location Walk to offices, cafés, and shops Close to Botanic Gardens & parks Near Mitchell Street dining & nightlife Minutes from the waterfront E-Bike station nearby 🧾 Property Details Area Under Title: 135 sqm Body Corporate: Approx. $1482/qtr Sinking Fund: Approx. $119/qtr Council Rates: Approx. $510/qtr Deposit: 10% (flexible) Settlement: 30 Days 📞 Contact Shyam Thapa on 0414 287 500 to arrange your private inspection. All information has been sourced from reliable providers. Interested parties are advised to carry out their own inquiries.

Features

2 bedrooms
2 bathrooms
2 carspaces
2 open car spaces
135 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Darwin City over the last 12 months, the estimated median property value of 502/16 Harvey Street is $460k.

Median value
$460k
Estimated value range
$290k - $1m
Median days on market
50
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Darwin City. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 502/16 Harvey Street

2026
Sold
$470,000
Private Sale/Treaty on 09 Feb 2026 by Shyam Thapa, of Wealthmax Real Estate
2025
Rented
Undisclosed
Leased on 16 Oct 2025 by Wealthmax Real Estate

Happy sellers in Darwin City

89%
89% of sellers in Darwin City reported that their sale price either exceeded or met their price expectations.

Darwin City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 16 reviews in Darwin City over the last 12 months.

Local market activity for 2 bedroom apartments in Darwin City

In the last 12 months, 98 two-bedroom apartments similar to 502/16 Harvey Street, have been sold.

This represents a 16% decrease in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Darwin City

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Stephanie Otto

Stephanie Otto is a recommended agent for Darwin City.  They have 17 local sales and collected 5 local reviews across the last 12 months.

  •   5   (14 reviews)
  •  5 Reviews in Darwin City
  •  17 Sales in Darwin City
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Shyam Thapa

Sellers who recommend Shyam Thapa have praised them for being clear communication, local expert, well-prepared, supportive, responsive, honest and dedicated

  •   5   (71 reviews)
  •  4 Reviews in Darwin City
  •  8 Sales in Darwin City
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Nikki Vazanellis

Sellers who recommend Nikki Vazanellis have praised them for being local expert, clear communication, supportive, honest, responsive, well-prepared and friendly

  •   5   (144 reviews)
  •  3 Reviews in Darwin City
  •  3 Sales in Darwin City
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Nathan Cunneen

Nathan Cunneen is a recommended agent for Darwin City.  They have 2 local sales and collected 3 local reviews across the last 12 months.

  •   5   (6 reviews)
  •  3 Reviews in Darwin City
  •  2 Sales in Darwin City
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