SOLD
Sold on 09 Jan 2024 for $425,000

4/5 Lambell Terrace
Larrakeyah NT 0820

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 111m2
Land area: 160m2
Save

Property Details for 4/5 Lambell Tce, Larrakeyah

4/5 Lambell Tce, Larrakeyah is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 160m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom Unit sold in Larrakeyah in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
111m2
Land Size
160m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 1202/OP 001226

Last Listing description (November 2023)

Supersized lifestyle and supersized floorplan fantastic location on the fringes of the CBD overlooking parklands this property is ideal for the investors and home makers alike. Currently leased until July 2023 at $595 per week.

Positioned on the 3rd floor with elevator and stair access, this property has dual undercover parking spaces. There is a swimming pool too cool down in on a tropical summers day as well as dual gated entry into the property.

Inside the home are two rear facing bedrooms that both have new carpet and freshly painted walls. The bathroom comes next with a bath / shower combo and an internal laundry room with linen press.

The master bedroom suite offers a lux walk in shower and open vanity with an expansive floorplan for even the largest of king suites. The master bedroom also includes a built in robe with mirrored fronts.

The open plan living and dining areas have tiled flooring and plenty of sun filled windows framing the treetop views. At the far end is a sliding door that opens onto the balcony that basks in the sea breezes and sunlight with views over the parklands across the road. The kitchen has banks of built in storage along with wrap around counters and breakfast bar seating once again with generous proportions.

Only 5 minutes from the heart of the CBD, this property allows you to drop the daily commute in favour of more free time without compromising on space at all. Take a walk up the street to meet friends for a coffee at one of the many cafes or restaurants along the strip. A short walk to Mindal Beach and the Darwin Botanical Gardens.
The Water Front Prescient is not far away, as is Cullen Bay and the Esplanade all basking in the glorious sea breezes and tropical vibes.

Council Rates: $1593.00 per annum (approx)
Body Corporate Rates: $2074 per Qtr.
Zone: HR (High Density)

Property History for 4/5 Lambell Tce, Larrakeyah, NT 0820

A timeline of how this property has performed in the market
Last Sold
$425,000
09 Jan 2024
Listed for Rent
$410/w
16 Jan 2019
  • 09 Jan 2024
    Sold for $425,000
  • 30 Sep 2022
    Listed for Sale Offers over $450,000 will be considered
  • 17 Feb 2022
    Listed for Sale $499,000
Sign in to see more transactions

Commute Calculator

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 15.68% increase in median value, while Units have seen a 9.87% increase. As at 30 September 2024:

  • The median value for Houses in Larrakeyah is $893,649 while the median value for Units is $438,170.
  • Houses have a median rent of $800 while Units have a median rent of $580.
There are currently 23 properties listed for sale, and 13 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

Market Insights
Larrakeyah Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Larrakeyah Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.