1/125 Smith St, Larrakeyah is a 2 bedroom, 1 bathroom Unit and was built in 1992. The property has a land size of 99m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in November 2018.
Ground level and centrally located, this two-bedroom unit in the popular suburb of Larrakeyah presents an affordable entry point for investors or buyers looking to add value over time.
The property has already seen several improvements, including an updated kitchen and fresh flooring throughout the living areas, while still offering scope for further enhancement down the track. There is one allocated car park, easy ground-floor access, and a practical layout that provides a solid foundation for the next owner.
Ground floor unit with easy access
Positioned in a convenient location with strong rental appeal, this is the type of property that continues to attract attention from buyers looking for affordability and potential in a tightly held suburb. Whether you're searching for an entry-level investment or simply an opportunity to secure a property in one of Darwin's most well-known suburbs, this is one worth considering.
Council rates: $1,798.00 p/a approx.
Body Corporate: Whittles Body Corporate Management
Body corpoarate Levy: $990 p/q approx.
Sinking Fund: $227 p/q approx.
Rental Estimate : $580-$620 Per week
"Please note that some images used in the marketing of this property include digital staging through the use of virtual furniture, dcor items and styling prepared using artificial intelligence ('AI'). Where possible, such images will be marked to identify the use of AI. Furnishings, dcor items, and styling elements digitally added are for illustrative and promotional purposes only to help demonstrate how the rooms and/or spaces within the property could/may be utilised or look. The photographs may not depict the property's current condition, features, layout, or surroundings. Prospective purchasers should undertake and rely on their/its own inquiries and physical inspection of the property to understand the condition, layout, dimensions and the like. Elders does not accept any responsibility or liability for any reliance placed on AI-generated or digitally altered images."
The size of Larrakeyah is approximately 2.0 square kilometres. There are 8 parks, covering nearly 5.3% of the 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 2,253 properties. Over the last 5 years, Houses in Larrakeyah have seen a 26.21% increase in median value, while Units have seen a 31.59% increase. As at 30 June 2026:
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