5/3-5 Merkur Court, Larrakeyah, NT 0820 | Property Value & History | OnTheHouse
FOR SALE

5/3-5 Merkur Court
Larrakeyah NT 0820

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 100m2
Land area: 158m2
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Property Details for 5/3-5 Merkur Ct, Larrakeyah

5/3-5 Merkur Ct, Larrakeyah is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 158m2 and floor size of 100m2.This Property is currently listed for sale with Raine & Horne Darwin

Building Type
Unit
Year Built
1994
Floor Size
100m2
Land Size
158m2
Local Government
Darwin

Last Listing description (September 2026)

Positioned in one of Darwin's most desirable inner-city suburbs, this spacious three-bedroom apartment at Merkur Court offers an outstanding opportunity to secure a generous home in a location that places some of Darwin's best attractions right at your fingertips.

Set on the second floor and offering an impressive 158m under title, this is an apartment that delivers far more than the typical inner-city residence. There is excellent separation between the living and sleeping zones, plenty of natural light and a large undercover balcony that extends the living space outdoors - perfect for entertaining, relaxing or enjoying Darwin's tropical lifestyle.

The apartment is exceptionally well suited to owner-occupiers looking for space and convenience, while investors will appreciate the strong rental appeal of a property positioned so close to the CBD, schools and lifestyle attractions.

Property highlights include:

Spacious open-plan living and dining areas with plenty of natural light and excellent airflow.
Large undercover balcony providing an ideal outdoor entertaining area.
Well-appointed kitchen with generous bench space, cabinetry and storage.
Three exceptionally large bedrooms, privately positioned away from the main living areas.
Generous master bedroom complete with walk-in robe and ensuite.
Two bathrooms providing excellent convenience for residents and guests.
Internal laundry for added practicality.
Split-system air conditioning throughout.
Secure undercover parking.
Private communal swimming pool surrounded by established tropical gardens.
A substantial 158m under title, offering genuine space rarely found this close to the city.

A Location That Delivers

The real magic of this property is its position.
From Merkur Court, you are just minutes from the heart of Darwin CBD, Cullen Bay, Casino and the spectacular Botanic Gardens are all easily accessible.
For those who love the Darwin lifestyle, the famous Mindil Beach Markets are close by, providing the perfect setting for afternoon walks, sunset drinks and evenings enjoying the best of Darwin's outdoor lifestyle.

Families are exceptionally well catered for, with both Darwin High School and Larrakeyah Primary School conveniently located nearby, while shops, restaurants, cafes and the CBD are all within easy reach.
Whether you're looking for a spacious city-fringe home, a low-maintenance lifestyle property or a sound investment in one of Darwin's most tightly held locations, this apartment deserves your attention.

Generous proportions, excellent facilities and an outstanding Larrakeyah location - this is an opportunity not to be missed. Area Under Title: 158m2

Council Rates: $1,892 pa (approx)
Body Corporate: $2363 pq (approx.) Inc sinking fund
Status: Periodic Lease $650 p/w
Year Built: 1994
Zoning: HR (High Density)

Property History for 5/3-5 Merkur Ct, Larrakeyah, NT 0820

A timeline of how this property has performed in the market
Last Sold
$268,000
29 Jun 2005
Listed for Rent
$480/w
30 Mar 2022
  • 12 Aug 2026
    Listed for Sale UNDER CONTRACT
  • 25 Feb 2022
    Listed for Rent $480 / week
  • 28 Mar 2018
    Listed for Rent - Price not available
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About Larrakeyah 0820

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 2,249 properties. Over the last 5 years, Houses in Larrakeyah have seen a -1.28% decrease in median value, while Units have seen a 25.41% increase. As at 31 August 2026:

  • The median value for Houses in Larrakeyah is $1,035,236 while the median value for Units is $534,049.
  • Houses have a median rent of $1,100 while Units have a median rent of $680.
There are currently 9 properties listed for sale, and 9 properties listed for rent in Larrakeyah on OnTheHouse. According to Cotality's data, 175 properties were sold in the past 12 months in Larrakeyah.

Suburb Insights for Larrakeyah 0820

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Cotality Copyright and Legal Disclaimers about Property Data
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.