15/25 Duke Street, Stuart Park NT 0820

15/25 Duke Street, Stuart Park NT 0820
3-bed apartment | 178 m² title area | secure dual parking | boutique city-fringe complex | flexible study-sized third bedroom The apartment is positioned on the city fringe, within a boutique complex described as award-winning. The layout is unusually generous for the suburb, with three bedrooms, two bathrooms, and two secure parking spaces across a 178 m² title area. Much of the surrounding apartment stock is smaller, so a property with a genuine third bedroom that can also be used as a large study is uncommon. The main bedroom is fitted with a walk-in robe and ensuite, while stone benchtops, an island bench, a dishwasher, a full bathtub, and an external storeroom add to the specification. Low-maintenance living is combined with strong practical storage and parking, which suits owner-occupiers wanting city-fringe convenience, downsizers, or investors targeting executive rental demand. Value may be influenced by orientation and floor level, as these affect outlook, privacy, and natural light. Mid-1990s construction is typical for the Duke Street pocket, which may mean older building systems and future strata levies. Income continuity is provided by a current lease, but immediate owner-occupier flexibility may be limited. The generous title area is a strength, yet because the land component is shared, long-term value may depend more on complex management than on land alone. >> Comparable Sales: 9/41 Duke Street sold $526,000 | Property Price Band: $700K-800K | Value Drivers: generous 178 m² title area, secure dual parking, boutique city-fringe complex
Detailed Independent Property Report prepared  by PropCred Analyst team for 15/25 Duke Street, Stuart Park NT 0820
Checks found:
Value Risk ! 1
Liquidity Risk ✕ 2
Planning Risk ✕ 2
Income Risk ✕ 2
Execution Risk ! 1
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Market Insight

Stuart Park sits on the Darwin CBD fringe, drawing professionals aged 30–39, many of them singles, who want short commutes and city views. House prices show strong momentum, with medians varying by source: $860,000 with 15.82% annual growth and 51 sales, $955,000 with 14.2% compound growth, and a listing figure of $947,500 with 10.49% yearly change. Units are less consistent: a $463,250 median with 8.4% annual increase contrasts with a $420,000 listing figure showing –3.45% over the year. Rental yields for houses range from 3.73% to 5.0%, while units deliver 7.18%; weekly rents sit at $680 for houses and $580 for units. Vacancy is low at 1.43%, and supply shortages from fewer listings support competition. The main constraints are affordability pressures and February’s rate rise, which trims borrowing capacity, with further increases possible. Annual sales volume remains thin at 43–51 houses, pointing to a limited but tightly held market.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

178m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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