OFF MARKET

9/1 Lambell Terrace
Larrakeyah NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 112m2
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Last updated 14 Oct 2024
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Property Details for 9/1 Lambell Tce, Larrakeyah

9/1 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 112m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
1992
Floor Size
90m2
Land Size
112m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 1200/UP 92/024

Last Listing description (June 2024)

Welcome to 9/1 Lambell Terrace, Larrakeyah! This cool and stylish 2-bedroom, 1-bathroom apartment is now available for sale. Situated in a desirable location just outside the CBD, this property offers convenience, comfort, and a relaxed lifestyle.

As you step inside, you're greeted by a spacious living area that seamlessly flows into the dining area, creating an open and inviting atmosphere. The well-appointed kitchen boasts ample bench space cupboards, making meal preparation a breeze. There's dual access to the private balcony, shielded from the road by the tree tops.

The bedrooms are generously sized and the main bedroom has a direct entry into the dual-access bathroom.

Tiled and airconditioned throughout, you'll have a place to keep cool all wet season long.

Located in the sought-after suburb of Larrakeyah, you'll enjoy easy access to nearby amenities, including schools, shops, cafes, and public transport. Darwin CBD is just a hop skip and a jump away, offering entertainment options in Mitchell Street, down at the Waterfront and at the Deckchair cinema. There's a brand-new playground located across the street from this building, so kids will have something to do as well.

With a great entry price, this is a fantastic opportunity for the first home buyer! It's also a great investment for those seeking something for a little extra income. The body corp fees on this property are very economical as there are none of the money gobbling items such as electric gates, lifts or swimming pools here, which send body corp fees skyward.

Contact Rick today!

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Property History for 9/1 Lambell Tce, Larrakeyah, NT 0820

A timeline of how this property has performed in the market
Last Sold
$320,000
08 Jul 2021
Listed for Rent
14 Jan 2020
  • 14 Nov 2023
    Listed for Sale Offers over $335,000
  • 08 Jul 2021
    Sold for $320,000
  • 30 Dec 2019
    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 2,247 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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