SOLD
RECENT ADVICE
Sold on 24 Sep 2024 for $950,000

1 Marella Street
Larrakeyah NT 0820

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
Land area: 1090m2
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Property Details for 1 Marella St, Larrakeyah

1 Marella St, Larrakeyah is a 5 bedroom, 3 bathroom House with 4 parking spaces. The property has a land size of 1090m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 5 bedroom House sold in Larrakeyah in the last 12 months.

Building Type
House
Land Size
1090m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 1336/OP 001226

Last Listing description (September 2024)

Text 1MAR to 0480 001 403 for more property information

Situated in a prime location within highly sought-after Larrakeyah, this spacious residence delivers an abundance of potential on an enormous 1,090sqm. block, steps from Larrakeyah Primary School and the waterfront.

• Huge corner block in incredibly desirable setting
• Amazing potential through home and block
• Polished timber floors and banks of louvres through upper level
• Large living room adjoins smartly presented kitchen
• Two robed bedrooms, flexi third bedroom and bathroom
• Front and rear balcony connect to ground level
• Ground level open-plan, kitchen and two bedrooms
• Second bathroom, additional WC and laundry
• Alfresco living overlooks large yard and pool
• Double carport plus driveway parking on fenced block

If you’re looking for a property as a project in a position that simply couldn’t be better, this is one you absolutely need to put at the top of your list!

As is, the residence provides an expanse of living space over two separate levels. Upstairs, you find a beautifully lit layout, enhanced by polished Cypress floors, plentiful natural light and banks of louvre windows that catch lovely cooling breezes.

Living space up here focuses on a spacious lounge room and adjoining kitchen featuring modern appliances, heaps of storage and a handy breakfast bar. There is also a bathroom and three bedrooms on this level, two of which are robed, and one that could function as a separate living room or home office.

Connecting the upper level to ground are two balconies, one large enough for alfresco dining, enjoying a leafy green outlook.

Down on ground level, there is so much potential within a great open-plan, kitchen and two bedrooms, serviced by a second bathroom, additional WC and laundry.

There is further alfresco space to enjoy down here, plus a sparkling inground pool, framed by an extensive backyard. Completing the current layout is a double carport, and there is an oversized shed providing additional convenience.

Allowing you to walk or ride to Cullen Bay and the best of the CBD, this is a rare opportunity to buy, update and add value in this fabulous location on a massive corner block. Don’t let it pass you by - arrange your inspection today.

Council Rates: $4,360 per annum (approx.)
Area Under Title: 1090 square metres
Zoning Information: LMR (Low-Medium Density Residential)
Status: Vacant Possession
Swimming Pool: Compliant to Modified Australian Standard
Easements as per title: None found

Property History for 1 Marella St, Larrakeyah, NT 0820

A timeline of how this property has performed in the market
Last Sold
$950,000
24 Sep 2024
  • 24 Sep 2024
    Sold for $950,000
  • 27 Jun 2024
    Listed for Sale SOLD
  • 06 Sep 2014
    Listed for Sale Not Disclosed
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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 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 16 properties listed for rent in Larrakeyah on OnTheHouse. According to CoreLogic's data, 126 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.