7/124 Mitchell Street

Larrakeyah NT 0820

The size of Larrakeyah is approximately 2 square kilometres. It has 8 parks covering nearly 5.3% of total area. The population of Larrakeyah in 2011 was 3,242 people. By 2016 the population was 3,723 showing a population growth of 14.8% in the area during that time. The predominant age group in Larrakeyah is 20-29 years. Households in Larrakeyah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Larrakeyah work in a professional occupation. In 2011, 37.4% of the homes in Larrakeyah were owner-occupied compared with 32.3% in 2016.

Larrakeyah has 2,261 properties. Over the last 5 years, Houses in Larrakeyah have seen a 17.33% increase in median value, while Units have seen a 12.02% increase. As at 31 August 2024:

• The median value for Houses in Larrakeyah is $873,479 while the median value for Units is $437,323.
• Houses have a median rent of $850 while Units have a median rent of $590.