Back 54/21 Cavenagh St
Off Market

54/21 Cavenagh St

Darwin City NT 0800

1
1
1
72 m²
Apartment
Last sold for $230,000
Maria GreensillMaria Greensill, last sold this property on 27 July 2026 after 47 days on market.

Overview

CBD Investment Gem!

This unit offers more space than most one bedroom apartments in this building and presents an outstanding opportunity for investors or owner-occupiers alike. Located in the heart of the CBD overlooking Austin Laneway off Smith Street Mall, this apartment offers an easy-access kitchen and a seamless open-plan living and dining area that flows onto a private balcony. The master bedroom features a corner bath ensuite with Jack-and-Jill toilet access. A secure undercover car park completes the package. With its unbeatable central location and excellent rental performance delivering close to an 8% gross rental return, this is a low-maintenance property with strong investment appeal. Enjoy easy access to shopping, dining, entertainment and all the conveniences of city living and parking right at your doorstep. Property Highlights: • Larger than most studio units in this complex • Easy Access Kitchen • 1 Master Bedroom with Ensuite • Open plan living and dining • Private balcony overlooking the laneway • Secure undercover car parking • Prime CBD location between Cavenagh retail area and Smith Street Mall • Strong investment potential with approximately 8% gross rental yield • Low-maintenance city lifestyle or investment opportunity Rent: $360pw Rental Appraisal $400-$450pw Lease Expiry: 18 Jan 27 Body Corporate Manager: Elite SM Body Corporate: $1,556.25 qtr Council Rates: Approx $439 qtr 72m2 Under Title

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
72 m² lot size
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 54/21 Cavenagh St is $310k.

Median value
$310k
Estimated value range
$195k - $560k
Median days on market
50
Estimated value trend
9%
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 54/21 Cavenagh St

2026
Sold
$230,000
27 Jul 2026 by Maria Greensill, of Raine & Horne Darwin
2025
Rented
Undisclosed
Leased on 21 Jan 2025 by Raine & Horne Darwin
2025
Rented
Undisclosed
Leased on 20 Jan 2025 by Raine & Horne Darwin

Happy sellers in Darwin City

90%
90% 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 14 reviews in Darwin City over the last 12 months.

Local market activity for 1 bedroom apartments in Darwin City

In the last 12 months, 83 one-bedroom apartments similar to 54/21 Cavenagh St, have been sold.

This represents a 5% 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

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent