5/3 Morinda Street, Larrakeyah, NT 0820 | Property Value & History | OnTheHouse
OFF MARKET

5/3 Morinda Street
Larrakeyah NT 0820

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 116m2
Land area: 135m2
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Property Details for 5/3 Morinda St, Larrakeyah

5/3 Morinda St, Larrakeyah is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 135m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
Unit
Year Built
2000
Floor Size
116m2
Land Size
135m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 1268/OP 001226

Last Listing description (November 2024)

Welcome to 5/3 Morinda Street, Larrakeyah - your gateway to urban living and an excellent investment opportunity! This unique property features 2 bedrooms, 2 bathrooms, and 2 undercover parking spaces, perfect for small families or couples seeking a cozy retreat. With 135 sqm of space, it offers comfortable living and a solid yield of 7%.

This beautiful gem showcases city views from the balcony, providing a bird's-eye view of the vibrant neighborhood. Inside, you'll discover meticulous interior design and top-quality finishes.

Nestled in a private corner, this oasis offers tranquility amidst the city's vibrancy. Shops, restaurants, and parks are all within walking distance, ensuring convenience and enjoyment.

Seize the opportunity to make this Larrakeyah gem your own - contact us today for a viewing and start your urban dream!

Features:
Bright open-plan living and dining area with access to a breezy balcony.
User-friendly kitchen with ample counter and storage space.
Master bedroom complete with its own ensuite bathroom.
Separate laundry equipped with a spacious built-in linen cupboard.
Cool, low-maintenance tiles and split system air conditioning throughout.
Undercover parking available for 2 cars along with a private lock-up storeroom.

Key Details:
Year built: 2000
Body corporate fees: $1145pq including Sinking Fund
Council rates: $1600pa
Possession: Tenanted at $490 Per week till March 2025

Property History for 5/3 Morinda St, Larrakeyah, NT 0820

A timeline of how this property has performed in the market
Last Sold
$355,000
11 Nov 2024
Listed for Rent
$490/w
28 Feb 2024
  • 11 Nov 2024
    Sold for $355,000
  • 09 Jan 2024
    Listed for Rent $490 / week
  • 24 Oct 2023
    Listed for Sale UNDER CONTRACT
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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 31.43% increase in median value, while Units have seen a 42.39% increase. As at 30 November 2025:

  • The median value for Houses in Larrakeyah is $971,737 while the median value for Units is $500,377.
  • Houses have a median rent of $750 while Units have a median rent of $600.
There are currently 13 properties listed for sale, and 18 properties listed for rent in Larrakeyah on OnTheHouse. According to Cotality's data, 139 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.