SOLD
Sold on 04 Jul 2024 for $356,000

1/7 Merkur Court
Larrakeyah NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 127m2
Land area: 126m2
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Knight Frank Northern Territory
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Property Details for 1/7 Merkur Ct, Larrakeyah

1/7 Merkur Ct, Larrakeyah is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 126m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Larrakeyah in the last 12 months.

Building Type
Unit
Year Built
1992
Floor Size
127m2
Land Size
126m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 5583/S 86/388

Last Listing description (July 2024)

For sale now is this ground level, close to everything home, ready to move in to or use as an investment property! Situated on the edge of Darwin City and Larrakeyah, you're close to work in the CBD, the marina and all the experiences Cullen Bay has to offer, as well as the casino just down the road.

The unit is mostly furnished, making it ideal to rent out or use as an Airbnb, especially with the dry season starting and tourists coming to the NT!
You could also move in yourself, as it will be vacant possession at settlement.

The kitchen has been lovingly renovated and now boasts a stone bench top and pull-out pantry and is open plan with a separate dining area away from the living room. You can easily take your dining experience outside to the undercover patio, surrounded by leafy palms for privacy and to enjoy hearing the breezes through the greenery.

The home is fully tiled throughout the living areas providing a cool place to be even in the hot humid wet season days, and has carpets in the bedrooms for extra comfort.

Don't miss out on this great entry level property, call Rick Trippe now on 041 1234567!

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Property History for 1/7 Merkur Ct, Larrakeyah, NT 0820

A timeline of how this property has performed in the market
Last Sold
$356,000
04 Jul 2024
  • 04 Jul 2024
    Sold for $356,000
  • 24 May 2024
    Listed for Sale Offers over $350,000
  • 22 Dec 2008
    Sold for $375,000
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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 2,260 properties. Over the last 5 years, Houses in Larrakeyah have seen a 16.66% increase in median value, while Units have seen a 16.16% increase. As at 31 July 2024:

  • The median value for Houses in Larrakeyah is $875,951 while the median value for Units is $435,455.
  • Houses have a median rent of $820 while Units have a median rent of $600.
There are currently 23 properties listed for sale, and 14 properties listed for rent in Larrakeyah on OnTheHouse. According to CoreLogic's data, 120 properties were sold in the past 12 months in Larrakeyah.

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