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NT › Darwin City › Kitchener Dr

U349, 19 Kitchener Dr, Darwin City, NT, 800

For saleApartment

$1,000,000

For sale

Asking

2

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,000,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,000,000(Listing record · 25 Mar 2026)
  • CalculationIf it leased at Darwin City's advertised median rent ($450/wk), implied gross yield would be 2.34% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$1,000,000

Asking

No recorded sale for this property.

Darwin City at a glance

8,597

People

No data

Median sale

$450/wk

Median rent

No data

Suburb gross yield

See the full Darwin City report →

Total cost to purchase

Purchase Price
$1,000,000
Stamp Duty (Northern Territory)
$49,500
Transfer/Registration Fee
$181
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,053,381

$53,381 on top of the price (5.3% extra)

  • Stamp Duty (Northern Territory)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Northern Territory schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Darwin City's advertised median rent — not a rent for this listing.

Net yield
0.84%
Annual cashflow (pre-tax)
$-43,600
Interest cover (DSCR)
0.16
Annual rent
$23,400
Operating expenses
$15,000
Loan amount
$800,000
Annual interest
$52,000
Gross yield
2.34%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,000,000available25 Mar 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NT

Why this lot, not just this suburb

Why could this property outperform?

NT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $450/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    NT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. This jurisdiction has no comparable official bond series in the free set.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Darwin City in one glance

Darwin City at a glance

8,597

People

No data

Median sale

$450/wk

Median rent

No data

Suburb gross yield

See the full Darwin City report →

Keep researching

  • Why Darwin City? Read the area thesis →
  • What else is on the market in Darwin City →
  • Other records on Kitchener Dr →

Listing material

Listed by Knight Frank Northern Territory

Great Locale, Spectacular Views, Superb Lifestyle

This is an excellent investment opportunity and a great home to behold! Currently leased at $1000 a week until 25 April 2027, near the city, near the sea is just the place to be!

Not only is this the adage for a top investment, but the home is also uniquely located directly above the sea with spectacular harbour views from high on the 5th floor - the photos tell it all!

From within the apartment and from the huge balcony there are great views with busy boating activity including yachting, huge passenger liners and massive gas tankers, to serene water reflections and the multitude of brilliant Darwin sunsets, plus the beautiful sea breezes.

Read the full description

A very stylish, beautifully appointed spacious home, it is ideal for couples, retirees, or families who will love the wonderful Waterfront lifestyle. Just a short ride per elevator from the apartment to restaurants, shops, sea-side beach, Wave Pool, Convention Centre, and a five-minute walk to the CBD with its vast amenities too. A short distance to schools, more shopping, bars, and restaurants.

In what is undoubtedly the best apartment location in Darwin; your home not only provides prestigious living and lifestyle but there's an abundance of activities & enjoyment!

The Waterfront is the "buzz" place of Darwin with enormous investment potential due to its great uniqueness and irreplaceable location. Make this dream come true - but be quick as properties of this caliber and uniqueness do not last long!

The many features of this home include:

- Vacant possession immediately upon settlement

- Stylish, prestigious home & lifestyle

- Stunning views above and across sea

- Huge balcony, great for family & entertaining

- Fully furnished, stylish decor

- Chef's kitchen, gas cook-top, dishwasher

- Trendy light beige stone bench tops

- Stylish bedrooms, both with direct access to balcony

- Big main bedroom with en-suite & walk-in-robe

- Quality floor coverings throughout including ceramic tiles in all living areas

- Fully air-conditioned - split system units

- Spacious 130 sqm on title

- Lots of cupboards and storage space

- Excellent privacy and security

- Leave the car at home - walk to work & play

- Secure 2 car basement parking & storeroom

- Close to just about everything - High employment area

- Walk to work, leave the cars at home

- Potential for capital growth is enormous with Darwin still at the cheapest median price of all Oz capitals…….. and much, much more

Lease at $1000 pw

Body Corporate: $3,773 per quarter (includes a temporary special levy of $964.65per quarter)

Year Built: 10/2009

Council Rates: $1,758 per annum

Area on Title: 130m2

Listing description written by Mick Smith, Knight Frank Northern Territory — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Remote Garage
  • Secure Parking
  • Study
  • Toilets: 2

Also look at

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.