NT · 0820

Larrakeyah

Suburb profile, market snapshot and recent listings for Larrakeyah, NT 0820.

Larrakeyah, NT 0820

About Larrakeyah

Welcome to Larrakeyah

Larrakeyah occupies the leafy northern tip of the Darwin peninsula, wedged between the city centre and the Timor Sea. It's one of the closest addresses to Darwin's CBD you'll find, with the harbour on one side and the open ocean on the other, giving the suburb a breezy, elevated outlook that few other parts of the Top End can match.

This is a suburb of contrasts within a small footprint: heritage precincts and defence force history sit alongside high-rise apartment towers, and quiet leafy streets give way to coastal walking tracks and clifftop lookouts. With a population of just under 4,000 and a median age of 33, Larrakeyah tends to attract young professionals, downsizers and defence families drawn to its coastal setting and proximity to everything Darwin has to offer.

Lifestyle & dining

Larrakeyah's lifestyle revolves around the water. East Point Reserve and the clifftop paths along the coast are popular for walking, cycling and watching the sunset over the Arafura Sea, while the suburb's proximity to Cullen Bay means residents are only a short stroll or drive from a marina lined with restaurants, cafes and bars. Darwin City itself is close enough to reach on foot or by a quick bike ride, putting Mitchell Street's dining and nightlife strip and the Waterfront precinct well within easy reach for a night out.

Within Larrakeyah itself, the pace is quieter, with local parks, tree-lined streets and a handful of neighbourhood cafes serving the surrounding apartment blocks and houses. It suits people who want coastal calm during the week but easy access to the city's buzz on weekends.

Shopping

Everyday shopping needs are covered by nearby Stuart Park and Darwin City, both a short drive or bus ride away, with supermarkets, specialty stores and the Darwin CBD's retail strip all close at hand. Cullen Bay Marina adds a boutique, waterfront shopping and dining option, while the Darwin Waterfront precinct and Smith Street Mall offer a broader range of retail, market stalls and entertainment options just minutes from home.

Getting around

Larrakeyah's biggest drawcard is its sheer proximity to the Darwin CBD, with many parts of the suburb within easy walking or cycling distance of the city centre. Bus services connect Larrakeyah to Darwin City, Stuart Park and surrounding suburbs, making car-free commuting genuinely practical for many residents.

For those who drive, access to Cullen Bay, The Gardens and greater Darwin is straightforward via a handful of arterial roads, and Darwin International Airport is a short drive away, an advantage for the suburb's many defence force and FIFO residents.

Schools & families

Larrakeyah Primary School serves the suburb's younger families, offering a local option within walking distance for many households. Families looking for secondary options typically look to the broader Darwin area, with the suburb's proximity to the city meaning a wider range of public and private schools are only a short commute away.

Parks & recreation

East Point Reserve is the standout open space nearby, offering bushland, war memorials, wildlife viewing and coastal walking and cycling tracks along some of Darwin's best clifftop scenery. Closer to home, Larrakeyah has pockets of green space and playgrounds servicing its residential streets, while the harbour foreshore and Cullen Bay's waterfront paths add further options for walking, running and taking in the water views that define this part of Darwin.

The property market

Larrakeyah's housing stock leans heavily towards apartment living, with units and apartments making up 72% of current listings against 21% houses and 7% land, reflecting the suburb's high-rise coastal position close to the city. The median house price sits at $750,000, while units have a median of $415,000, giving buyers a notably more affordable entry point if they're happy to trade a backyard for a balcony and water glimpses.

Median weekly rent across the suburb is $860, a figure that speaks to strong demand from professionals and defence personnel wanting to be close to both the city and the coast. Recent house price growth has been flat at 0.0%, suggesting a market that has settled into a period of stability after previous cycles, which may appeal to buyers looking for a steady entry point rather than a fast-moving market.

Market snapshot

Larrakeyah property market

Median price ranks #3,590 of 3,797 suburbs · pricier than 5%
Type

Median sale price

$750k

House · 3 bed

Median rent

$860

per week

Gross rental yield

6.0%

annual rent ÷ sale price

Typical price range

Entry

$656k

Median

$750k

Premium

$1.70m

Days on market

79

Auction clearance

0%

Sold this year

20

Median sold price trend · House 3 bed

Compound growth +1.6% / yr over 4 yrs

Property types on market

Share of current listings in Larrakeyah by dwelling type.

Apartment / Unit72%
House21%
Land7%

Who lives here

Demographics

ABS Census 2021 figures for Larrakeyah, NT 0820.

Population

3,943

residents (2021)

Median age

33

years

Household income

$2,372

median, per week

Median rent

$395

per week

Median mortgage

$1,800

per month

Mortgage / income

18%

comfortable

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Education

Schools in Larrakeyah

Government school catchment

Larrakeyah Primary School

T-6CoEdGovernment
Visit school website →

Recent results

Recently sold in Larrakeyah

$399k

54/10 Doctors Gully Road

apartment1 bd · 1 ba · 1 car

Sold ~July 2026

$950k

7/184 Smith Street

apartment3 bd · 2 ba · 2 car

Sold ~July 2026

$495k

13/16 Houston Street

apartment3 bd · 2 ba · 1 car

Sold ~July 2026

$930k

12/3 Lambell Terrace

apartment4 bd · 3 ba · 2 car

Sold ~July 2026

$410k

28/26 Marina Boulevard

apartment2 bd · 1 ba · 1 car

Sold ~July 2026

$750k

10/12 Paspaley Place

apartment3 bd · 2 ba · 2 car

Sold ~July 2026

$4.00m

7/15 Houston Street

apartment3 bd · 2 car

Sold ~June 2026

$565k

10/6 Montoro Court

apartment3 bd · 2 car

Sold ~June 2026

Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.

Explore the area

Properties & amenities in Larrakeyah

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Compare the area

Price map around Larrakeyah

Every listing for sale near Larrakeyah, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

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LarrakeyahNearby suburbs

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Common questions

Larrakeyah suburb FAQ

What is the median property price in Larrakeyah?

The median unit price in Larrakeyah, NT is $415k for a 2-bedroom home. Over the past year, median sold prices have risen about 16.9%.

How much is rent in Larrakeyah?

The median weekly rent in Larrakeyah is around $640 per week.

Is Larrakeyah a good place to live?

Larrakeyah is an inner suburb of Darwin, the capital city of Australia's Northern Territory. Larrakeyah is an established residential suburb in NT, with a population of around 3,943 and 1 school in the area.

What is the population of Larrakeyah?

Larrakeyah has a population of 3,943 (ABS 2021 Census), with a median age of 33.

What schools are in Larrakeyah?

There is 1 school in or near Larrakeyah, including Larrakeyah Primary School.

How long do homes take to sell in Larrakeyah?

Properties in Larrakeyah take around 67 days to sell on average, with an auction clearance rate of about 0%.

How much do you need to buy in Larrakeyah?

Entry-level properties in Larrakeyah start around $341k, while premium homes reach $605k.

What suburbs are near Larrakeyah?

Suburbs near Larrakeyah include The Gardens, Cullen Bay, Stuart Park, Darwin City and City.

Available now

Properties in Larrakeyah

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For Sale
$620,000
apartment

Sophisticated Apartment Living on the Esplanade's Edge!

6/1 Daly Street, Larrakeyah NT 0820
322183 m²
Ray White Darwin3 weeks ago
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For Sale
$2.55m
house

The Cullen Bay Home.

53 Cullen Bay Crescent, Larrakeyah NT 0820
433828 m²
Real Estate Central Projects Pty Ltd1 month ago
Ask AI about this property
Image 1
For Sale
$1.79m
house

LUXURIOUS LARRAKEYAH RESIDENCE IT DOESN'T GET BETTER THAN THIS

1 Morice Court, Larrakeyah NT 0820
532
Pacific Property Darwin1 month ago
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For Sale
UNDER OFFER
apartment
StMate est. ~$450k

Marina Views & Effortless Waterfront Living in the Heart of Larrakeyah

64/32 Marina Boulevard, Larrakeyah NT 0820
21186 m²
Ellis Parker Real Estate1 month ago
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For Sale
$450,000
apartment

WOW FACTOR, VIEWS, RENOVATED, TRANQUILITY & GREAT RETURNS

7/10 Houston Street, Larrakeyah NT 0820
21184 m²
Real Value Properties NT3 months ago
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For Sale
$850,000
land

The Larrakeyah Land

17 Temira Crescent, Larrakeyah NT 0820
930 m²
Real Estate Central Projects Pty Ltd3 months ago
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Image 1
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For Sale
$2.20m
house

Sea Views, Sunsets and Architecture

22 Packard Street, Larrakeyah NT 0820
5231080 m²
Knight Frank Northern Territory3 months ago
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For Sale
$629,000
apartment

Private and Secluded - Situated on 494m2

1/3 Lambell Terrace, Larrakeyah NT 0820
324494 m²
Laurence Real Estate2 months ago
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For Sale
$650,000
apartment

A Marina View That's All Yours

10/16 Marina Boulevard, Larrakeyah NT 0820
322218 m²
O'Donoghues First National3 months ago
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For Sale
$1.15m
apartment

The Smith Street Penthouse...

11/186 Smith Street, Larrakeyah NT 0820
322
Real Estate Central Projects Pty Ltd3 months ago
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For Sale
SOLD
apartment
StMate est. ~$640k

SOLD

8/11 Houston Street, Larrakeyah NT 0820
322155 m²
All About Real Estate NT Pty Ltd3 months ago
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For Sale
EOI
house
StMate est. ~$725k

DEVELOPERS & INVESTORS - RARE OPPORTUNITY!

2 Marsina Court, Larrakeyah NT 0820
22927 m²
Property Now3 months ago
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