11/12 Brewery Place, Woolner NT 0820
11/12 Brewery Place, Woolner NT 0820
Modern three-bedroom unit | City-fringe Woolner | Pool complex | Tenanted until late 2026
This unit offers a rare combination of size and location in Woolner, with 208 square metres of internal space and two secure parking baysโunusually generous for a city-fringe apartment. The open-plan layout, stone finishes, and air conditioning throughout make it immediately livable, while the complex pool and lift access add convenience. It is best suited to an investor seeking a stable, tenanted holding in a tight rental market, or a buyer wanting a low-maintenance home close to Darwinโs CBD and amenities.
The primary risk is that the current tenancy at $780 per week sits below the estimated market rent of $835โ$995, meaning a buyer may have to wait until October 2026 to reset income. The propertyโs value is supported by limited recent sales in the complex, but the asking price near $650,000 is at the upper end of comparable estimates, leaving little immediate equity upside. On the opportunity side, the NBN FTTP connection and strong mobile coverage add practical appeal for remote workers, and the suburbโs high owner-occupier rate suggests stable long-term demand.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 11/12 Brewery Place, Woolner NT 0820
Market Insight:
Woolner is an inner Darwin suburb benefiting from its proximity to the CBD and arterial road access. Demand is driven by leveraged family households and a notable surge in investor activity, supported by low housing stock and high buyer inquiries per listing. Recent price trends have softened, reflecting broader affordability pressures and reduced borrowing capacity from interest rate rises. Future growth is underpinned by constrained supply, though the market remains sensitive to further rate hikes.