105/21 Cavenagh Street, Darwin City NT 0800
105/21 Cavenagh Street, Darwin City NT 0800
1-1-1 CBD unit under $240k | building comp sold $180k | $500/week rent signal | low-entry investor buy | parking included
This one-bedroom apartment is positioned at a competitive price point within Darwin City’s core, making it particularly suited to investors and entry-level buyers who value a compact yet functional layout. Its 1-1-1 configuration aligns with the most demanded format in this urban pocket, where parking is a practical edge and the building’s recent sales evidence suggests a strong rental return relative to purchase price. The location within a larger apartment complex on Cavenagh Street adds liquidity for those seeking city-centric accommodation or steady tenant appeal.
Value may be influenced by the building’s condition and strata management, which are not fully confirmed from the available data. The unit’s exact aspect and floor level might affect its market appeal, as could broader shifts in investor demand or interest rates. Prospective buyers should weigh these variables against the low entry price when forming a view on this property’s offering
Detailed Independent Property Report prepared by PropCred Analyst team for 105/21 Cavenagh Street, Darwin City NT 0800
Checks found:
Value Risk
✓
Liquidity Risk
✕
2
Planning Risk
✓
Income Risk
✓
Execution Risk
✕
2
Insight: Darwin City NT 0800
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.
PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
1
Land
3754m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst