Larrakeyah
Suburb profile, market snapshot and recent listings for 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 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.
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
Recent results
Recently sold in Larrakeyah
$399k
54/10 Doctors Gully Road
Sold ~July 2026
$950k
7/184 Smith Street
Sold ~July 2026
$495k
13/16 Houston Street
Sold ~July 2026
$930k
12/3 Lambell Terrace
Sold ~July 2026
$410k
28/26 Marina Boulevard
Sold ~July 2026
$750k
10/12 Paspaley Place
Sold ~July 2026
$4.00m
7/15 Houston Street
Sold ~June 2026
$565k
10/6 Montoro Court
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
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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Nearby 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.
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