OFF MARKET

5/7 Merkur Court
Larrakeyah NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 85m2
Land area: 126m2
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Property Details for 5/7 Merkur Ct, Larrakeyah

5/7 Merkur Ct, Larrakeyah is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1992. The property has a land size of 126m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
1992
Floor Size
85m2
Land Size
126m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 5583/S 86/388

Last Listing description (October 2021)

A two-bedroom unit in the heart of Larrakeyah. Perfectly positioned at the end Merkur Court, this home is suited to a range of buyers. These units are tightly held, rarely coming to the market. Let's take a look and see why.

The complex itself has a distinctly art-deco feel about it and is recently painted and impeccably presented.

First impressions count, and entry to the home is via a simple easy access staircase to the first floor. The home itself is impeccably presented and is inviting to anyone entering. Neutral tones, open plan design, and a great sized balcony with leafy views are the first impressions. The kitchen is modern, functional and is generous in size. Modern appliances, overhead cupboards, loads of bench space and is the hub of the home. As it should be.

There's plenty of space, with a dining room as well as well as a lounge area. With a balcony that leads off the main living spaces, you become aware that you're in the leafy tree tops with the predominant breezes filtering through. Positioned on the first level and facing east to capture the early sun, the balcony is a great place to start the morning as it's quiet, albeit with the City / Cullen Bay on your doorstep. The beauty of being at the end of the court.

Bathroom is newly renovated, with crisp white tiles, contrasting vanity and the absolute luxury of a bath. And there is nothing nicer than a beautiful bathroom! Bedrooms are air conditioned, have built-in robes as well as fans.

• 2 car spaces
• An entry that promotes security
• Fantastic quiet court position
• Walk to either the city or Cullen Bay
• Mostly owner occupied
• Just 12 units in the complex
• Residents that actively participate in body corporate
• AAA location
• Perfect to occupy or as an investment

The home has a great 'feel' about it and I'm sure youll agree when you see it. It's stylish, neat and cool. There's absolutely nothing to do but move in and make it your home.

Contact darren@elders for more information.

Property History for 5/7 Merkur Ct, Larrakeyah, NT 0820

A timeline of how this property has performed in the market
Last Sold
$410,000
14 Oct 2021
  • 14 Oct 2021
    Sold for $410,000
  • 11 Aug 2021
    Listed for Sale UNDER CONTRACT
  • 24 Dec 2008
    Sold for $360,000
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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 2,260 properties. Over the last 5 years, Houses in Larrakeyah have seen a 16.66% increase in median value, while Units have seen a 16.16% increase. As at 31 July 2024:

  • The median value for Houses in Larrakeyah is $875,951 while the median value for Units is $435,455.
  • Houses have a median rent of $820 while Units have a median rent of $600.
There are currently 23 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.

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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.