159 Mitchell StreetLarrakeyah NT 0820
Property Details for 159 Mitchell St, Larrakeyah
Last Listing description (February 2012)
Once In a Generation Offering!
Developers looking for their next project will see plenty of properties beating the INPEX drum, but nothing that is for sale on Mitchell Street??????.Look no further!
On the market is this extremely rare block of vacant land on one of Darwin???s famed streets. Lot 1212 is located on the western side of Mitchell Street, Larrakeyah. The land has the potential to be developed into 4 townhouses under the current zoning MD (Multiple Dwelling Residential). The property is rectangular in shape and is 1200m2, approximately 42.8m x 28m in dimensions.
Given it???s location, the property is walking distance from the CBD and sits on the fringe of the block roughly bounded by the Gardens Golf Course, Mitchell Street, Daly Street and Lambell Terrace.
There is a Corner Store next door, whilst the former hospital site is one property away and offers a very large, nearly adjacent public space once developed. Education facilities are quite developed and accessible given the proximity of the Lot to the Darwin CBD, as is access to entertainment and recreational facilities.
The property is several allotments away from the Single Dwelling zoned section of Larrakeyah. The site is connected to reticulated sewerage, water and power, and it is expected that the existing services would have the capacity to cope with any proposed development.
The INPEX train has arrived, but don???t be fooled by the pretenders. Only buy the best. This bluechip piece of real estate promises enormous future potential to any developer both in a developed or vacant state.
Property Features:
Status: Vacant Land
Land Area: 1,200 Square Metres
Zoning: MD (Multiple Dwelling)
Easements: Nil
AUCTION: Saturday 11th February 2012 @ 1:00pm (on-site)
LOOKING FOR A PREFERRED AGENT?
Whether you're buying, selling, or looking for someone to manage your investment, contact Michael Keith at KIllarney Real Estate on 0422 512 926. His well devised marketing strategies, industry knowledge and experience clearly demonstrate he has the professional attitude and insight to ensure you achieve your real estate goals.
Property History for 159 Mitchell St, Larrakeyah, NT 0820
- 17 Oct 2025Sold for $990,000
- 24 Jun 2019Sold for $950,000
- 12 Mar 2012Sold for $1,020,000
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0About 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 2,257 properties. Over the last 5 years, Houses in Larrakeyah have seen a 64.18% increase in median value, while Units have seen a 38.71% increase. As at 31 December 2025:
- The median value for Houses in Larrakeyah is $1,202,591 while the median value for Units is $500,914.
- Houses have a median rent of $750 while Units have a median rent of $600.
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