Larrakeyah at a glance
4,731
People
$1,100,000
Median sale
$395/wk
Median rent
1.87%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
NT › Larrakeyah › Merkur Ct
$580,000
For sale
Asking
3
Bedrooms
2
Bathrooms
2
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$580,000
Asking
No recorded sale for this property.
Larrakeyah at a glance
4,731
People
$1,100,000
Median sale
$395/wk
Median rent
1.87%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
Vs Larrakeyah
-47.3%
Median sale
Suburb $1,100,000
+1.67 pp
Gross yield
Suburb 1.87%
Suburb median $1,100,000 from 5 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
$32,591 on top of the price (5.6% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Northern Territory schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Larrakeyah's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NTNT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $395/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 3.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownNT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. This jurisdiction has no comparable official bond series in the free set.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Larrakeyah at a glance
4,731
People
$1,100,000
Median sale
$395/wk
Median rent
1.87%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Raine & Horne DarwinPositioned 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 158m² 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 158m² 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 $600 p/w (New Appraisal $675 - $690)
Year Built: 1994
Zoning: HR (High Density)
Listing description written by Tim Mackenzie, Raine & Horne Darwin — reproduced as published, not verified by Districts.