604/29 Daly Street, Darwin City NT 0800

604/29 Daly Street, Darwin City NT 0800
Rare 3-bed 3-bath 2-car layout | CBD-edge with city and ocean views | Executive-grade amenities and security | Study space and NBN for professionals | Urban density typical of high-rise living The rare 3-bedroom, 3-bathroom, 2-car configuration is noted as uncommon for Darwin City, placing this unit at the upper end of the apartment spectrum. The buildingโ€™s modern design, including tiled flooring, air conditioning, and security features, is supported by amenities such as a swimming pool and gym. City and ocean views from upper floors are highlighted, along with a study space and NBN connection, which align with demand from executive tenants and owner-occupiers seeking a low-maintenance, amenity-rich property near the CBD. The property’s value may be influenced by its location within a high-density tower, where urban noise and limited private outdoor space are common considerations. The shared land title means capital appreciation may be more tied to the apartment market than detached housing. While the building appears modern, ongoing strata costs and community living dynamics might affect long-term affordability for some buyers.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 604/29 Daly Street, Darwin City NT 0800
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Market Insight:

Darwin City presents as a tightly held, apartment-dominant inner-city market experiencing a robust recovery. Investor demand is particularly strong, driven by compelling rental yields and significant cash-flow appeal, supported by firm rental growth. Recent price momentum is evident across both houses and units, fueled by constrained supply and resilient demand. Future growth is underpinned by this supply-demand imbalance and strong total returns, though the market faces headwinds from higher holding costs and borrowing constraints which temper affordability advantages.
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PropCred Estimated Value

Bedrooms

3

Bathroom

3

Parking

2

Land

1083mยฒ

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