Back 86/21 Cavenagh St
Off Market

86/21 Cavenagh St

Darwin City NT 0800

1
1
1
52 m²
Apartment

Overview

Excellent Studio with Carpark

Invest in the future or have a “Home Base” in the city - sure beats a hotel room! Affordability is the key here, especially for the first home buyer, however the investor should inquire as it would be easily added to an existing or start up portfolio. This tidy CBD unit has some serious potential with views from the 5th floor across the city. - 52m2 on Title - Carpark on Title - 5 th level studio apartment - Inner city location - Ideal investment Furnished and already rented on a periodic basis, you can leave it rented or move in! Rental: : $340 - $360 per week on a periodic (month by month) basis. Council Rates: $1,232 per annum approx Body Corporate Fees: $840.00 per quarter approx

Features

1 bedroom
1 bathroom
1 carspace
52 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 86/21 Cavenagh St is $308k.

Median value
$308k
Estimated value range
$195k - $560k
Median days on market
50
Estimated value trend
4%
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 86/21 Cavenagh St

2023
Rented
Undisclosed
Leased on 04 Jul 2023 by First National Real Estate O'Donoghues
2022
Rented
Undisclosed
Leased on 14 Jul 2022 by First National Real Estate O'Donoghues
2021
Rented
Undisclosed
Leased on 16 Jul 2021 by First National Real Estate O'Donoghues

Happy sellers in Darwin City

92%
92% 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, 81 one-bedroom apartments similar to 86/21 Cavenagh St, have been sold.

This represents a 2% increase in one-bedroom apartments sales when compared to the previous 12 months.

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