Real Estate Larrakeyah, NT, 820 Darwin

Thinking about buying in Larrakeyah? Now could not be a better time, with a whopping 2773 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $674,000 with prices in this suburb ranging from $107,000 to $3,024,000.

Larrakeyah is located near the coast as well as views of the ocean, demand is likely to be high

Instant Valuation

Larrakeyah Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Larrakeyah driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Larrakeyah ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Larrakeyah classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Larrakeyah requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

About

Household makeup

Median Weekly Rent	$459.75
Median Monthly Mortgage	$1931.63
Median Persons Per Bedroom	0.90
Average Household Size	2.50
Average Age	34.00
Average Income	$1461.00
Average Cars Per Dwelling	2.61
Average Properties Within 50M	49.00

Typical Property Prices

2 Bed	$326,286
3 Bed	$620,794
4 Bed	$1,702,750

Housing Stock

Properties for sale Larrakeyah

65 CULLEN BAY CR, LARRAKEYAH, NT, 0820	4	3	3	PRICE GUIDE $1,400,000
11 LAMBELL TCE, LARRAKEYAH, NT, 0820	4	2	2	OFFERS OVER $1,100,000
UNIT 7, 7 WARREGO CT, LARRAKEYAH, NT, 0820	3	2	2	PRICE GUIDE $498,000
UNIT 2, 1 MARSINA CT, LARRAKEYAH, NT, 0820	2	2	2	Offers over $399,000
UNIT 8, 4 MERKUR CT, LARRAKEYAH, NT, 0820	3	2	2	Offers over $799,000
UNIT 7, 6 HOUSTON ST, LARRAKEYAH, NT, 0820	2	2	2	$399,000
UNIT 8, 63 MARINA BVD, LARRAKEYAH, NT, 0820	3	2	2	$609,500
23 CULLEN BAY CR, LARRAKEYAH, NT, 0820	4	3	4	Please Call
UNIT 11, 188 SMITH ST, LARRAKEYAH, NT, 0820	2	2	2	$685,000
UNIT 15, 148 SMITH ST, LARRAKEYAH, NT, 0820	3	2	2	$570,000
67 CULLEN BAY CR, LARRAKEYAH, NT, 0820	5	5	3	Openn Negotiation
UNIT 2, 23 PACKARD ST, LARRAKEYAH, NT, 0820	3	2	2	UNDER CONTRACT
UNIT 9, 32 MARINA BVD, LARRAKEYAH, NT, 0820	1	1	2	SOLD
UNIT 10, 16 HOUSTON ST, LARRAKEYAH, NT, 0820	2	2	1	$370,000

Local Schools

Larrakeyah Primary School

(While the above schools are located with the suburb of Larrakeyah there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

Larrakeyah weather - Average Local Climate by month

	(mm) RAIN	Min (°C) TEMP	Max (°C) TEMP	Min (%) HUMIDITY	Max (%) HUMIDITY	(m/sec) WIND	(MJ/sq m) SOLAR
Jan	15.8	25.1	32.0	63.1	94.1	4.7	18.8
Feb	13.8	25.3	32.2	62.4	93.8	4.4	21.0
Mar	8.2	25.2	32.7	58.5	94.6	3.7	21.2
Apr	3.7	24.3	33.1	46.7	92.5	3.5	21.8
May	0.7	22.5	32.4	37.4	86.1	3.9	20.8
Jun	0.0	20.0	31.3	31.6	85.9	3.9	20.2
Jul	0	19.5	31.6	29.2	87.6	3.7	20.8
Aug	0.1	19.6	32.2	27.1	89.2	3.6	22.6
Sept	0.8	22.8	33.5	35.6	89.8	3.7	24.7
Oct	2.4	24.5	34.0	41.0	89.9	4.0	25.4
Nov	5.4	25.3	34.0	48.7	90.7	3.7	24.6
Dec	7.5	25.7	33.5	55.2	92.2	3.7	22.6

source: Australian Government Bureau of Meteorology

Internet Speed

Fibre to the Basement (vectored or non-vectored)

Fibre to the Premises

Satellite

Nearby Suburbs

The Gardens Darwin City Stuart Park Parap Fannie Bay Woolner Bayview The Narrows East Point Ludmilla

Public Transport

Mandorah - Darwin ferry - Less than 10 KM Darwin - Less than 10 KM

General Points of Interest

Darwin Railway - Less than 5 KM Aquascene Fish Feeding - Less than 1 KM Kingpin Darwin - Less than 10 KM Darwin Ice Skating - Less than 10 KM Jingili Skate Park - Less than 10 KM Darwin Helicopter Tours - Less than 10 KM Larrakia Welcome Sign - Less than 5 KM USS Peary Memorial - Less than 2 KM Darwin Cenotaph - Less than 5 KM Darwin Airport - Less than 10 KM

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