145 Mitchell Street, Larrakeyah, NT 0820 | House for sale | OnTheHouse
 
FOR SALE
Under Contract

145 Mitchell Street
Larrakeyah NT 0820

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

AUCTION - PRICE GUIDE $950k!!! MUST SELL CBD Opportunity with stacks of Potential

For more property information text 145M to 0488 810 057
CBD Opportunity with stacks of Potential
A rare opportunity to secure premium land in the heart of Darwin’s CBD — this LMR-zoned parcel combines immediate income with serious long-term upside.
Set on a generous inner-city block, this is a strategic acquisition for investors or developers looking to capitalise on one of Darwin’s most tightly held urban pockets.
With flexible zoning and strong fundamentals, the site is primed for future multi-dwelling development (STCA), land banking, etcetera.
The existing residence offers immediate value, with gated access, side parking, and a large backyard. Inside, a functional dual-level layout includes upstairs living with three light-filled bedrooms, plus versatile downstairs spaces ideal for additional bedrooms, a home office, or studio.
All of this just minutes from Cullen Bay, the Esplanade, and Darwin’s leading lifestyle, dining, and commercial amenities.
Key Highlights:
• Prime CBD land parcel with valuable LMR zoning
• Strong potential for redevelopment or dual-occupancy (STCA)
See More

Property Details for 145 Mitchell St, Larrakeyah

145 Mitchell St, Larrakeyah is a 5 bedroom, 2 bathroom House with 2 parking spaces. The place is currently for sale with Real Estate Central.

Building Type
House
Commute Calculator

About Larrakeyah 0820

The size of Larrakeyah is approximately 2.0 square kilometres. It has 8 parks covering nearly 5.3% of total area. The population of Larrakeyah in 2016 was 3729 people. By 2021 the population was 3943 showing a population growth of 5.7% 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 2021, 32.10% of the homes in Larrakeyah were owner-occupied compared with 32.30% in 2016.

Larrakeyah has 2,260 properties. Over the last 5 years, Houses in Larrakeyah have seen a 30.57% increase in median value, while Units have seen a 33.35% increase. As at 31 October 2025:

  • The median value for Houses in Larrakeyah is $951,485 while the median value for Units is $490,299.
  • Houses have a median rent of $745 while Units have a median rent of $600.
There are currently 14 properties listed for sale, and 20 properties listed for rent in Larrakeyah on OnTheHouse. According to Cotality's data, 138 properties were sold in the past 12 months in Larrakeyah.

Larrakeyah Profile Page

Suburb Insights for Larrakeyah 0820

Visit Larrakeyah profile page
Market Insights
Larrakeyah Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Larrakeyah Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Larrakeyah profile page
Contact agent
agent headshot
Zayden Lewis
Show contact details
Call agent
agent headshot
Braden Menzies
Show contact details
Call agent
Real Estate Central
Preferred contact:
Privacy Policy
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED