SOLD
Sold on 19 Aug 2024 for $190,000

4/6 Malabar Street
Larrakeyah NT 0820

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 4/6 Malabar St, Larrakeyah

4/6 Malabar St, Larrakeyah is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in Larrakeyah in the last 12 months.

Building Type
Unit
Year Built
1982
Local Government
Darwin
Lot/Plan
Loc 200 Lot 4845/UP 82/042

Last Listing description (July 2024)

Affordable Comfort in Prime Location

Step inside this affordable entry-level home or ideal low-cost investment, where comfort meets convenience in a prime location. This charming one-bedroom, one-bathroom apartment is perfect for those seeking a cosy yet functional living space. Enjoy year-round comfort with split system air conditioning and ceiling fans throughout.

Situated within walking distance of Darwin's CBD, local beaches and The Gardens, every convenience is within reach. Indulge in the vibrant dining scene, explore the bustling Darwin Waterfront, or soak in the cultural charm of the Mindil Marketsall just moments away. Whether you prefer a leisurely stroll, a scenic cycle, or a quick drive, this location offers endless possibilities. With an array of restaurants, cafes, bars, and shops at your fingertips, every day promises new adventures and discoveries. Dont miss out on this exceptional opportunity to own a piece of Darwins vibrant lifestyle.

Year Built: 1982
Council Rates: $1678.21 pa
Area Under Title: 47 m2
Rental Estimate: $350 to $400
Body Corporate company: Altitude Management
Vendor's Conveyancer: Tschirpig Conveyancing
Preferred Settlement Period: 30 - 90 Days
Preferred Deposit: 10%
Easements as per title: Sewerage Easement to Power and Water Authority
Zoning: Low-Medium Density Residential
Status: Vacant
Body Corporate Levies: $1032.33 per quarter
The Sinking Fund: $35,883.83
Administration Fund: $4506.60

- Great low cost investment
- Split system air conditioning and ceiling fans
- One Bedroom One Bathroom opportunity
- Easy access to Darwin CBD
- Restaurants, cafes and shopping nearby
- Within walking distance to markets and beaches

Call to inspect with The JH Team today!

Property History for 4/6 Malabar St, Larrakeyah, NT 0820

A timeline of how this property has performed in the market
Last Sold
$190,000
19 Aug 2024
  • 14 Jul 2024
    Sold for $190,000
  • 07 Jun 2024
    Listed for Sale PRICE GUIDE $199,000
  • 15 Jul 2019
    Listed for Rent $245 per week
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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 2,265 properties. Over the last 5 years, Houses in Larrakeyah have seen a 0.34% increase in median value, while Units have seen a 22.87% increase. As at 30 November 2024:

  • The median value for Houses in Larrakeyah is $760,370 while the median value for Units is $433,400.
  • Houses have a median rent of $720 while Units have a median rent of $580.
There are currently 19 properties listed for sale, and 12 properties listed for rent in Larrakeyah on OnTheHouse. According to CoreLogic's data, 128 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.