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Back 503/79 Smith Street
Off Market

503/79 Smith Street

Darwin City NT 0800

1
1
1
Apartment
Last sold for $380,000
Demetri ProdromouDemetri Prodromou, last sold this property on 03 March 2026 after 14 days on market.

Overview

Sold Enquire Now for Upcoming Apartment Opportunity leased for $585 per week

Leased until 17/01/2028 - Fully Equipped 1BR Darwin City Apartment Positioned in the heart of Darwin's vibrant CBD, this sophisticated one-bedroom apartment delivers modern design, ocean glimpses, and a secure long-term lease making it an outstanding investment opportunity. Perfectly suited to professionals and urban dwellers, the location provides immediate access to Darwin's commercial precinct, employment hubs, dining, entertainment, and the iconic Waterfront. Property Features: * Step inside to a thoughtfully designed layout offering: * Well-appointed bedroom with mirrored built-in robes * Modern bathroom with quality finishes * Light-filled open-plan living and dining area * Large windows capturing natural light and elevated esplanade/ocean outlooks * Private balcony with city and water views * Fully furnished and equipped * Secure complex with lift access * Dedicated secure car space This low-maintenance apartment combines lifestyle appeal with strong rental fundamentals in one of Darwin's most tightly held CBD pockets. Investment Highlights: * Leased to a company until 17/01/2028 * Rental return: * $550 per week until 24/11/2026 then $567 per week thereafter * Proven rental demand * Strong short-stay and executive accommodation appeal * Premium CBD position steps from cafes, retail, nightlife and the Waterfront Key Information: * Rates: Approx. $1,760 per annum * Body Corporate: Approx. $1,610 per quarter * Admin Fund: $1,432.00 *Sinking Fund: $178.00 *Year Built: 2013 *Area Under Title: 66sqm *Zoning: CB (Central Business) A secure, income-producing CBD asset with long-term tenancy in place ideal for investors seeking stability, location, and consistent returns. Disclaimer: All information provided has been obtained from sources we believe to be reliable; however, we cannot guarantee its accuracy and accept no liability for any errors or omissions.

Features

1 bedroom
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Darwin City over the last 12 months, the estimated median property value of 503/79 Smith Street is $310k.

Median value
$310k
Estimated value range
$156.25k - $510k
Median days on market
47
Estimated value trend
16%
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 503/79 Smith Street

2026
Sold
$380,000
Private Sale/Treaty on 03 Mar 2026 by Demetri Prodromou, of Darwin Sales and Rentals

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 1 bedroom apartments in Darwin City

In the last 12 months, 75 one-bedroom apartments similar to 503/79 Smith Street, have been sold.

This represents a 23% decrease in one-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)
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  •  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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Paul Heron

Sellers who recommend Paul Heron have praised them for being local expert, clear communication, honest, trustworthy, stress-free process, reliable and supportive

  •   5   (72 reviews)
  •  2 Reviews in Darwin City
  •  2 Sales in Darwin City
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