OFF MARKET

7/148 Larrakeyah Terrace
Larrakeyah NT 0820

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 140m2
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Last updated 14 Oct 2024
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Property Details for 7/148 Larrakeyah Tce, Larrakeyah

7/148 Larrakeyah Tce, Larrakeyah is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1999. The property has a floor size of 140m2.

Building Type
Unit
Year Built
1999
Floor Size
140m2
Local Government
Darwin

Last Listing description (October 2014)

Excellent Location..excellent tenant...excellent rent!
All the boxes ticked here!
Located in Darwin's premier residential suburb, and just a stones throw from the CBD.

This 4th Level apartment has so much on offer -
Impressive size with 3 bedrooms and 2 bathrooms
High ceilings add to the sense of space
Fully tiled and air-conditioned
Defence Housing Australia lease in place, currently $725pw
Lease expires 3/1/18 and has a 3 year option period
Modern building (2005) of just 17 units
The unit has 2 car parks under the building
2 verandahs with city and garden views
Gymnasium and pool
Body corporate fees $1634 per quarter
The owner said I want to sell now and has priced this property with that in mind!
Excellent 6.6% gross return on the asking price and you will benefit from the DHA handback clauses when they eventually vacate the property.
Investing with DHA
This property is for sale on behalf of a DHA lessor and has a DHA lease in place.
Visit dha.gov.au to learn about the benefits of investing in a DHA property.

Property History for 7/148 Larrakeyah Tce, Larrakeyah, NT 0820

A timeline of how this property has performed in the market
  • 05 Sep 2014
    Listed for Sale $570 000

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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.

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.