OFF MARKET

5/124 Mitchell Street
Larrakeyah NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 96m2
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Property Details for 5/124 Mitchell St, Larrakeyah

5/124 Mitchell St, Larrakeyah is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 96m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
1990
Floor Size
76m2
Land Size
96m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 1292/UP 90/008

Last Listing description (May 2014)

THE PERFECT DYI PROJECT UNIT!
Ideal for the first home buyer or investor! The choice is yours. It may not be new but take a look at the price. Buy this spacious property and you have the opportunity to move in and renovate now or renovate over time. Or you might prefer to postpone the renovations and renovate later as the property is currently let to nice tenants who are happy to sign a further lease extension.
- Two double sized bedrooms

- Each bedroom has built-in robes & air-conditioning
- Private rear tiled balcony off the living space
- The Bathroom & Laundry are combined
- Off street parking
- A Periodical tenancy in place @ $400 per week
- A good solid unit - block constructed throughout
- You can walk into the City in minutes
Property Code: 1233

Property History for 5/124 Mitchell St, Larrakeyah, NT 0820

A timeline of how this property has performed in the market
Last Sold
$285,000
18 Feb 2022
Listed for Rent
$360/w
07 Apr 2012
  • 18 Feb 2022
    Sold for $285,000
  • 19 Jun 2014
    Sold for $350,000
  • 03 Apr 2014
    Listed for Sale 359000
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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.
There are currently 21 properties listed for sale, and 17 properties listed for rent in Larrakeyah on OnTheHouse. According to CoreLogic's data, 125 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.