3/8 Barossa StreetLarrakeyah NT 0820
Property Details for 3/8 Barossa St, Larrakeyah
3/8 Barossa St, Larrakeyah is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1988. The property has a land size of 245m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in February 2020.
Last Listing description (February 2020)
We often hear from potential buyers, we want a unit or low maintenance home but "we do not want body corporate" - well this ground level, triplex, (one of only three) corner unit with a wraparound courtyard and spa, delivers just that, no body corporate!
Exceptionally private, the property feels almost hidden, yet is located in Darwin's most prized inner suburb of Larrakeyah and is only 600 metres away from Darwin's Esplanade and the CBD centre itself.
The condition is easily liveable as is, adding to the overall potential of the offering, however there is further opportunity for personalisation over time. First home buyers could see excellent use to 'renovation and stamp duty incentives' along with senior buyers who may qualify for up $10,000 of a stamp concession too could use those benefits to make the home even more perfect.
The low maintenance, relaxed lifestyle will be extremely suitable for multiple buying intentions, from 1st home, downsizing, mature occupiers, lock and leave owners who come and go from Darwin, and astute investors anticipating strong long-term rental occupancy.
Standout features include;
• Small triplex of only 3 units in the group
• No body corporate
• Corner position with fenced wrap around courtyard
• Solid brick construction
• Large rear paved courtyard entertainment space
• Inground spa
• Flexible pet options
• Open plan living area
• Split-system air conditioning throughout
• Large kitchen, comparable to a family home
• Both bedrooms have built-in robes
• External laundry
• Separate toilet
• Pet Friendly and flexible
• Quite street front
• Easy walking distance to cafes, transport, restaurants, gym, the Esplanade, Darwin CBD, Mindil Beach, Botanical Gardens
• And lots more!
Building Insurance: Approx. $980.99 per annum
Council Rates: Approx. $1,550 per annum
Water Rates: Avg. $1,350 per annum
Rental Appraisal: $330 per week
Year Built: 1988
Land Area: 245sqm
Building Area: 100sqm approx.
Property History for 3/8 Barossa St, Larrakeyah, NT 0820
- 24 Feb 2020Sold for $330,000
- 27 Nov 2019Listed for Sale UNDER CONTRACT
- 19 Mar 2019Listed for Rent - Price not available
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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 2,248 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.
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