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Back 62/21 Cavenagh St
Off Market

62/21 Cavenagh St

Darwin City NT 0800

1
1
39 m²
54 m²
Unit
Last sold for $148,000
Brandon DuncanBrandon Duncan, last sold this property on 07 September 2025 after 46 days on market.

Overview

Live Or Invest In The Heart Of Darwin City

Delivering on convenience and location, this tenanted studio-style apartment is an amazing find for investors seeking an effortless set-and-forget or for owner occupiers looking for their very own lock-up-and-go in the heart of Darwin City. With a tenant already in place, this superbly situated studio apartment offers endless appeal for the astute investor, creating an excellent opportunity to enjoy instant return on investment. Designed to offer effortless everyday living in an enviable CBD setting, the apartment boasts a perfectly practical layout where low maintenance is a key feature. There is great separation between living and sleeping. Upon walking in, you are greeted by a lovely little living area, with space for lounging, dining and cooking, while past the divider, you have your bedroom, which in turn, extends out to your balcony. A corner spa bath centers the space, plus you have added functionality in a wall of built-in robes, an enclosed toilet, along with a separate Euro laundry and a linen press. Sliding glass doors open up onto your balcony, perfect for catching passing Dry Season breezes, plus there is split system air-conditioning inside to assist with warmer Wet Season days. Its floors are tiled, its palette is neutral, and its floorplan is easy on the upkeep. Overall, it's neatly presented, allowing you to continue to rent it out without lifting a finger. Completing the package, this little gem sits on level 3 within a secure complex offering lift access and intercom facilities - all within close proximity to an array of cafes, bars, restaurants, shops, entertainment and transport only a short stroll away. Property Highlights: • Neatly presented on level 3 with lift access and intercom facilities in the heart of Darwin City • Low maintenance layout with separation between sleep and living spaces • Open plan kitchen, dining and living area greets you as you walk in • Tidy kitchenette conveniently positioned along one side of living area • Walk through to a spacious bedroom area with a wall of built-in storage • Large corner spa bath features handy shower combo above • Sleep space opens out to balcony offering city views • Tiled with air-conditioning throughout - ensuring comfort, convenience and easy maintenance. • Enclosed toilet, separate laundry and linen press add further functionality Nearby Amenities: • Smith Street Mall • Mitchell Street Darwin • Darwin Waterfront • Gardens Golf Course • Mindle Beach Casino • Charles Darwin University City Campus • General Post Office • GP Facilities These nearby locations offer a perfect blend of convenience, education, dining, and entertainment, ensuring that you can enjoy the best of Darwin City living right from your doorstep and beyond. Year Built: 1997 Rental Income: $285 per week until Jan 2026 Updated Rental Appraisal: $300-$320 per week approx. Body Corporate Fees: $1155 per quarter approx. Council Rates: $1758 per annum approx. Contact Brandon, from Raine & Horne Darwin, now for more information.

Features

1 bedroom
1 bathroom
39 m² floor area
54 m² lot size
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Darwin City over the last 12 months, the estimated median property value of 62/21 Cavenagh St is $272.5k.

Median value
$272.5k
Estimated value range
$148k - $405k
Median days on market
34
Estimated value trend
-8%
decrease 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 62/21 Cavenagh St

2025
Sold
$148,000
07 Sep 2025 by Brandon Duncan, of Raine & Horne Darwin
2023
Rented
Undisclosed
Leased on 02 Jan 2023 by Raine & Horne Darwin
2020
Rented
Undisclosed
Leased on 19 Mar 2020 by Raine & Horne Darwin

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 17 reviews in Darwin City over the last 12 months.

Local market activity for 1 bedroom units in Darwin City

In the last 12 months, 31 one-bedroom units similar to 62/21 Cavenagh St, have been sold.

This represents a 82% decrease in one-bedroom units 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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