FOR SALE
Offers Over $99,000

50 Marina Boulevard
Larrakeyah NT 0820

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LIQUID INVESTMENT

This is the perfect opportunity to purchase an excellent investment in the heart of Cullen Bay Marina.
Berth number 70 is 12M in length and is always in high demand with excellent returns of approx. $798 per month.
The marina features:
- Some of the best restaurants and cafes in Darwin
- Within walking distance to Darwin CBD
- Private locks to protect against tides and weather
- Private slipways and mechanics on site
- Power and fresh water to berth
- 24hr assistance
- Internal refueling station
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Property Details for 50 Marina Bvd, Larrakeyah

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Land

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About Larrakeyah 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 2,265 properties. Over the last 5 years, Houses in Larrakeyah have seen a 0.34% increase in median value, while Units have seen a 22.87% increase. As at 30 November 2024:

  • The median value for Houses in Larrakeyah is $760,370 while the median value for Units is $433,400.
  • Houses have a median rent of $720 while Units have a median rent of $580.
There are currently 19 properties listed for sale, and 12 properties listed for rent in Larrakeyah on OnTheHouse. According to CoreLogic's data, 128 properties were sold in the past 12 months in Larrakeyah.

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Adam Gulliford
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Raine & Horne Darwin
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