FOR SALE
Buying Guide $360,000

9/5 Warrego Court
Larrakeyah NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
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Multi level investment

Two level unit in Larrakeyah means you have some fantastic views over the leafy tree tops and down to Mindil Casino.
Currently rented until October 2025, it offers an approximate gross return at 6.8%
Breezy nights and strolls down to Cullen Bay or into the CBD are what this property offers to both tenants and owner occupiers.
Featuring:
• Second level unit with two storeys
• Open plan lounge leading out to balcony
• Fully tiled and air conditioned throughout
• Two bedrooms upstairs with built in robes
• Main bedroom has own balcony
• Timber kitchen with loads of cupboard space and dishwasher
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Property Details for 9/5 Warrego Ct, Larrakeyah

9/5 Warrego Ct, Larrakeyah is a 2 bedroom, 1 bathroom Townhouse with 2 parking spaces. The place is currently for sale with Raine & Horne Darwin.

Building Type
Townhouse

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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 2,247 properties. Over the last 5 years, Houses in Larrakeyah have seen a 15.68% increase in median value, while Units have seen a 9.87% increase. As at 30 September 2024:

  • The median value for Houses in Larrakeyah is $893,649 while the median value for Units is $438,170.
  • Houses have a median rent of $800 while Units have a median rent of $580.
There are currently 24 properties listed for sale, and 12 properties listed for rent in Larrakeyah on OnTheHouse. According to CoreLogic's data, 121 properties were sold in the past 12 months in Larrakeyah.

Suburb Insights for Larrakeyah 0820

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Paige Crow
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Raine & Horne Darwin
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.