OFF MARKET

49/6 Marina Boulevard
Larrakeyah NT 0820

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 1000m2
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Last updated 14 Oct 2024
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Property Details for 49/6 Marina Bvd, Larrakeyah

49/6 Marina Bvd, Larrakeyah is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 1000m2.

Building Type
Unit
Year Built
2005
Land Size
1000m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 5892/U1998/115

Last Listing description (May 2015)

TENNANT CREEK - INVESTOR'S DREAM!
Is this what you have been waiting for? A 1000 square metre property could be purchased today with tenants in place and providing a good rental return of $600 per week approximately.
There are two privately built two bedroom units, one furnished and the other partly furnished and are in high demand when vacancies occur. The air-conditioned units have received some recent upgrading and make for pleasant living. Covered off street parking is a bonus.

This address occupies a prominent and central position on the main street within walking distance to most of the popular amenities.
The outlook for Tennant Creek is positive. Mining exploration, talk of new deposits and improved government services all point towards ongoing demand for commercial and residential property.
Additional feature/s - Close to Shops.

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Property History for 49/6 Marina Bvd, Larrakeyah, NT 0820

A timeline of how this property has performed in the market
  • 20 Mar 2015
    Listed for Sale $350,000

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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 2,247 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 24 properties listed for sale, and 12 properties listed for rent in Larrakeyah on OnTheHouse. According to CoreLogic's data, 121 properties were sold in the past 12 months in Larrakeyah.

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