2/6 Malabar StreetLarrakeyah NT 0820
Property Details for 2/6 Malabar St, Larrakeyah
2/6 Malabar St, Larrakeyah is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 47m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 1 bedroom Unit sold in Larrakeyah in the last 12 months.
Last Listing description (October 2025)
An exceptional opportunity for investors and first-time buyers alike, this affordable one-bedroom, one-bathroom apartment offers a prime location with strong rental potential. Currently tenanted at $410/week offering a whopping 8.5% Gross Return. Current market appraisal is $430/week.
Located on the ground level in a small complex of 6 only units. Quiet location, we have Malabar Park 250 metres from your front door and local's favourite The General Café only one block away. One carpark on Title.
This low-maintenance property is an attractive addition to any portfolio. Featuring a renovated bathroom, air conditioning and ceiling fans for year-round comfort, the apartment is strategically located within walking distance of Darwin's CBD, The Gardens, and local beaches. Its close proximity to the Darwin Waterfront and Mindil Markets ensures high tenant demand. This is a solid, low-cost investment in one of Darwin's most desirable areas.
Property Information:
Status: Tenanted at $410/week til 15th Dec 2025
Settlement: Usually 30 days
Darwin City Council Rates: $450 / quarter
Body Corp Fees: $1,000 / quarter
Body Corp Manager: North Management
Area Under Title: 47 m2
Property History for 2/6 Malabar St, Larrakeyah, NT 0820
- 28 Oct 2025Sold for $240,000
- 23 Sep 2025Listed for Sale $240,000
- 02 Mar 2022Listed for Rent $355 / week
Recent sales nearby
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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 2,250 properties. Over the last 5 years, Houses in Larrakeyah have seen a 66.87% increase in median value, while Units have seen a 41.48% increase. As at 31 January 2026:
- The median value for Houses in Larrakeyah is $1,332,780 while the median value for Units is $503,162.
- Houses have a median rent of $750 while Units have a median rent of $600.
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