FOR SALE
Offers Over $450k

Contact Agent For Address
Larrakeyah NT 0820

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 113m2
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LONG TERM INVESTMENT OPPORTUNITY!

This stylish 2 bedroom and 2 bathroom modern apartment, positioned in the heart of Larrakeyah, offers an excellent investment opportunity with a secure DHA lease until February 2027. With a rental return of $650 per week, it promises secure and hassle-free income.
Situated conveniently near Darwin CBD, Mindil Beach, and the Esplanade, this apartment boasts a highly desirable location. The nearby amenities and scenic views enhance the living experience. The rent remains guaranteed at market value, and all the perks that come along with investing with DHA.
The property features a neutral colour scheme to suit most furniture, split system air conditioning throughout, and mirrored built-in wardrobes in both bedrooms. The apartment is fully tiled for cool living and equipped with stainless steel appliances, making it an ideal choice for a great investment.
The open-plan living area opens onto the balcony, which also includes a storeroom for added convenience. The apartment comes with two undercover secure car parks in the building's garage. The complex features a lap swimming pool and secure building access with an electric fob key, ensuring safety and leisure for all residents.
• Neutral colour scheme
• Split system air conditioning throughout
• Mirrored built-in wardrobes in both bedrooms
• Fully tiled for cool living
• DHA Lease
• Open-plan living area opening onto the balcony
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Property Details for Contact Agent For Address, Larrakeyah

Contact Agent For Address, Larrakeyah is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a land size of 113m2. The place is currently for sale with Real Estate Central.

Building Type
Apartment
Land Size
113m2

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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 2,248 properties. Over the last 5 years, Houses in Larrakeyah have seen a 9.15% increase in median value, while Units have seen a 20.17% increase. As at 31 October 2024:

  • The median value for Houses in Larrakeyah is $842,504 while the median value for Units is $417,373.
  • Houses have a median rent of $770 while Units have a median rent of $580.
There are currently 21 properties listed for sale, and 17 properties listed for rent in Larrakeyah on OnTheHouse. According to CoreLogic's data, 125 properties were sold in the past 12 months in Larrakeyah.

Suburb Insights for Larrakeyah 0820

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Sascha Smithett
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Eliza Bennett
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Real Estate Central
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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.