510/79 Smith Street, Darwin City NT 0800

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510/79 Smith Street, Darwin City NT 0800

Offers Over $389,000

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$389k - $408k Transparent Transparent Listing Based on an openly advertised listing price.

Unit 1 Bed 1 Bath 1 Car 66 m²

Listed: 21st May 2026

Updated: 59 days ago

Overview

Perfectly positioned in the heart of Darwin City along the sought-after Smith Street, this modern and spacious one-bedroom apartment offers an ideal blend of lifestyle, convenience, and excellent investment potential.

The apartment boasts a surprisingly generous floorplan rarely found in one-bedroom units, featuring a separate dining area that enhances functionality and comfort. A spacious balcony provides an inviting space for relaxation or entertaining, complemented by a stunning westerly aspect that captures water views, spectacular sunsets, and refreshing breezes.

Offered fully furnished and including secure car accommodation, this property is currently leased until August, ensuring immediate rental income and strong returns from settlement. This makes it an excellent opportunity for investors seeking strong yield and low-maintenance ownership, as well as for future owner-occupiers desiring a spacious city retreat with unbeatable outlooks.

Prime Darwin City location on popular Smith Street
Spacious one-bedroom apartment with an oversized floorplan
Separate dining area for added functionality and comfort
Generous balcony ideal for relaxing or entertaining
Stunning westerly outlook with water views
Enjoy spectacular Darwin sunsets and cooling breezes
Offered fully furnished for convenience and immediate appeal
Secure car space included
Currently leased until August providing immediate rental income
Excellent opportunity for investors or future owner-occupiers

The Finer Points

Council Rates: Approximately $1,756 per annum
Area Under Title: 66 square meters
Year Built: 2013
Zoning: CB (Central Business)
Status: Leased at $580 per week until 6 August 2026
Rental Estimate: Approximately $570 to $620 per week
Body Corporate Levies: Approximately $1,610 per quarter
Settlement period: 45 days or variation on request
Easements: As per title
Deposit: 10% or variation on request

Local Market Insights

In Darwin City, Quiet Listings observed 9 new units entering the market over the last 30 days, up from 8 during the previous 30-day period, with an average advertised asking price of $526,556. The property type mix of listed properties is predominantly Apartments at 59%, followed by units (31%), and commercial properties (7%). The most active agency for units in the Darwin City area is currently Real Estate Central, representing 56% of new listings, followed by Ray White with 22%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.