OFF MARKET

1/3-5 Merkur Court
Larrakeyah NT 0820

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 120m2
Land area: 161m2
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Property Details for 1/3-5 Merkur Ct, Larrakeyah

1/3-5 Merkur Ct, Larrakeyah is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1994. The property has a land size of 161m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in June 2011.

Building Type
Unit
Year Built
1994
Floor Size
120m2
Land Size
161m2
Local Government
Darwin

Last Listing description (June 2011)

Location...size...value
...all of the ingredients for a great buy in Darwin's premier suburb!
Loacted in a quiet court within walking distance of the city centre, this 3 bedroom apartment is priced for an immediate sale.

Built in the mid-1990's this complex is constructed across 2 lots of land, but has only 9 units in total. This means great frontage and a low density development. The gardens are also well established.
The unit is on the first floor and offers real living space with an open plan design and a big front verandah overlooking the complex pool. Louvre windows maintain a good air flow.
The 3 bedrooms are all a good size and the main bedroom features a walk-in robe and a very large ensuite bathroom. There's lots of cupboard space and a storeroom upstairs as well as a bigger storeroom downstairs.
The unit has one carpark under the building and one more in a side carpark.
The paint has just dried inside and the unit is ready for a new owner to enjoy. The current vendor wants it sold asap and has priced the property accordingly.

Property History for 1/3-5 Merkur Ct, Larrakeyah, NT 0820

A timeline of how this property has performed in the market
Last Sold
$418,000
29 Jun 2011
  • 29 Jun 2011
    Sold for $418,000
  • 27 Jan 2011
    Listed for Sale $475 000

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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 2,249 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 20 properties listed for sale, and 18 properties listed for rent in Larrakeyah on OnTheHouse. According to CoreLogic's data, 124 properties were sold in the past 12 months in Larrakeyah.

Suburb Insights for Larrakeyah 0820

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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.