11 Lambell TerraceLarrakeyah NT 0820
Property Details for 11 Lambell Tce, Larrakeyah
11 Lambell Tce, Larrakeyah is a 4 bedroom, 2 bathroom House and was built in 1950. The property has a land size of 995m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in October 2015.
Last Listing description (October 2023)
New to the market is this exciting opportunity to secure this large family home, situated on a 1,010m2 premium land allotment, currently zoned as LMR (Low-Medium Density Residential) and well positioned in the blue-chip suburb of Larrakeyah. This is the perfect opportunity for a future residential development to be built in such a prime location, directly adjacent to the uninterrupted views of Myilly Point and Cullen Bay. Whilst this appealing address is currently home to an old Darwin special, a large four bedroom established dwelling which is currently tenanted at $580.00 per week, the existing infrastructure is very dated and in need of extensive repairs and upgrades.
What we love about this property:
Large established 1,010m2 land allotment primely positioned in Larrakeyah
Elevated four-bedroom, two-bathroom home with balcony and timber flooring
Walking distance to the Darwin CBD, Cullen Bay, Mindil Beach Casino, Markets and Botanic Gardens
Minutes by car to local beaches, restaurants, cafes, retail outlets, quality amenities, facilities, schools and Waterfront Precinct
Family friendly area; opposite Myilly Point parklands with playground
We are excited about the possibilities and opportunities that this property presents to the right buyer and invite you to reach out to discuss this with us further should you be interested to know more.
Property History for 11 Lambell Tce, Larrakeyah, NT 0820
- 19 Apr 2023Listed for Sale OFFERS OVER $1,100,000
- 12 Dec 2016Listed for Rent - Price not available
- 15 Feb 2016Listed for Rent - Price not available
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0About 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 2,263 properties. Over the last 5 years, Houses in Larrakeyah have seen a 17.33% increase in median value, while Units have seen a 12.02% increase. As at 31 August 2024:
- The median value for Houses in Larrakeyah is $873,479 while the median value for Units is $437,323.
- Houses have a median rent of $850 while Units have a median rent of $590.
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