SOLD
Sold on 30 Nov 2023 for $340,000

5/1 Lambell Terrace
Larrakeyah NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 1170m2
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Property Details for 5/1 Lambell Tce, Larrakeyah

5/1 Lambell Tce, Larrakeyah is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 1170m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Larrakeyah in the last 12 months.

Building Type
Unit
Year Built
1992
Floor Size
81m2
Land Size
1170m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 1200/OP 001226

Last Listing description (October 2020)

This 2 bedroom unit is situated on the top floor of a 3 store y complex and is in close proximity to Cullen Bay, Mindil Beach Casino and just a stone's throw from the Darwin CBD. Featuring a large patio with sea breezes making it perfect for unwinding in the evenings. Features include:

Open plan living area;

Spacious kitchen with fridge;
2 good sized bedrooms with built in robes;
Internal laundry with washing machine and clothes dryer;
Single carport;
3 storey complex with access via stairs;

Rent for initial 6 months is $330 per week and then $375 per week thereafter.

Available from 16 October 2020

Please contact Thrive Property NT on 08 8911 0741 to arrange an inspection today.

DISCLAIMER: Please note that some of the curtains and the washing machine may differ to those that are in the photographs.

Property History for 5/1 Lambell Tce, Larrakeyah, NT 0820

A timeline of how this property has performed in the market
Last Sold
$340,000
30 Nov 2023
Listed for Rent
$330/w
22 Oct 2020
  • 30 Nov 2023
    Sold for $340,000
  • 09 Oct 2020
    Listed for Rent $330 / week
  • 06 Oct 2016
    Listed 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 2,263 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.
There are currently 25 properties listed for sale, and 14 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

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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.