SOLD
RECENT ADVICE
Sold on 17 May 2024 for $312,000

10/7 Merkur Court
Larrakeyah NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
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Property Details for 10/7 Merkur Ct, Larrakeyah

10/7 Merkur Ct, Larrakeyah is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Larrakeyah in the last 12 months.

Building Type
Unit
Local Government
Darwin
Lot/Plan
Loc 200 Lot 5583/UP 92/068

Last Listing description (May 2024)

Located on the edge of Darwin's CBD, this two-bedroom unit located on the third floor of a quiet and well-maintained complex represents the perfect opportunity to owner occupy with vacant possession or add to your investment portfolio as a no fuss rental. The home boasts an extra spacious open-plan floor plan design which is bathed in natural light and flows out to the alfresco balcony capturing the lovely treetop views. Not only is this unit on the CBD doorstep it is also within walking distance to the Cullen Bay Marina, Mindil Beach Casino and the Botanical Gardens proving you with endless options for leisure, restaurants, cafes and markets.

What we love about this home:

• Spacious and bright open floor plan design that flows out to a generous size balcony with lovely treetop views

• Large modern U-shaped kitchen with a long breakfast bar, ample cupboard space, dishwasher and ceramic cooktop
• Two spacious bedrooms with built in robes and split system air-conditioning
• Bathroom features a bath, shower, w/c and mirrored vanity with storage
• Internal hide away laundry houses a washing machine, wall mounted dryer, trough and HWS
• Walking distance to the CBD, Cullen Bay, Mindil and Botanic Gardens

This is an opportunity to secure a comfortable and affordable home in a convenient and sought-after locality, whether you are looking to occupy or invest this property is worth your attention. Homes in this area are snatched up quickly so if this property ticks all the boxes, then don't delay your viewing.

Property History for 10/7 Merkur Ct, Larrakeyah, NT 0820

A timeline of how this property has performed in the market
Last Sold
$312,000
17 May 2024
Listed for Rent
$530/w
06 Jun 2024
  • 29 May 2024
    Sold for $312,000

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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.

Suburb Insights for Larrakeyah 0820

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Derek Hart
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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.