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NT › Larrakeyah › Smith St

U7, 180 Smith St, Larrakeyah, NT, 820

For saleUnit

$599,000

For sale

Asking

3

Bedrooms

2

Bathrooms

1

Car spaces

146 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $599,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $599,000(Listing record · 28 July 2026)
  • FactLand 146 m²; no building size recorded.(Property record)
  • CalculationAsk is 46% below the Larrakeyah median recorded sale ($1,100,000, n=5, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Larrakeyah's advertised median rent ($395/wk), implied gross yield would be 3.43% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$599,000

Asking · $4,103/m² of land

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.

See the full Larrakeyah report →

Vs Larrakeyah

-45.5%

Median sale

Suburb $1,100,000

+1.56 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.

Total cost to purchase

Purchase Price
$599,000
Stamp Duty (Northern Territory)
$29,651
Transfer/Registration Fee
$181
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$632,532

$33,532 on top of the price (5.6% extra)

  • Stamp Duty (Northern Territory)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Larrakeyah's advertised median rent — not a rent for this listing.

Net yield
1.93%
Annual cashflow (pre-tax)
$-19,593
Interest cover (DSCR)
0.37
Annual rent
$20,540
Operating expenses
$8,985
Loan amount
$479,200
Annual interest
$31,148
Gross yield
3.43%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$599,000available28 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NT

Why this lot, not just this suburb

Why could this property outperform?

NT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry. Listed land size is 146 m² — that is not 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.4%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    NT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry. Listed land size is 146 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Larrakeyah in one glance

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.

See the full Larrakeyah report →

Keep researching

  • Why Larrakeyah? Read the area thesis →
  • What else is on the market in Larrakeyah →
  • Other records on Smith St →

Listing material

Listed by Ellis Parker Real Estate

Leafy Views, Top Floor Position & CBD Convenience

Perfectly positioned on the city fringe, this spacious top floor, three-bedroom, two-bathroom apartment offers the ideal combination of comfort, convenience and lifestyle. Whether you're looking for a place to call home or a high-performing investment, this fully furnished property is ready to enjoy from day one.

Designed for effortless living, the apartment boasts a generous open-plan layout filled with natural light. The spacious living and dining area flows seamlessly onto a large private balcony, providing the perfect setting for entertaining or relaxing. The well-appointed kitchen offers ample bench space, quality appliances and plenty of storage, making it ideal for everyday living.

The master bedroom is generously sized and features a built-in robe and private ensuite, creating a comfortable retreat. The two additional bedrooms also include built-in robes and are serviced by the main bathroom, making the layout ideal for families, professionals or guests.

Read the full description

Fully air-conditioned throughout and offered fully furnished, this apartment is truly move-in ready or can continue as a fantastic investment with minimal effort.

Located just moments from Darwin's CBD, you'll enjoy easy access to Mindil Beach and the famous Sunset Markets, Cullen Bay Marina, George Brown Darwin Botanic Gardens, The Esplanade, cafés, restaurants, shopping centres and public transport, placing the very best of Darwin at your doorstep.

Whether you're looking for a low-maintenance home or a quality addition to your investment portfolio, this apartment offers exceptional value in a highly sought-after location.

Property Features:

• Three spacious bedrooms

• Private master suite with ensuite

• Spacious open plan living and dining are

• Private balcony, perfect for entertaining

• Large kitchen with ample bench and cupboard space

• One allocated parking space with adjoining storage unit

• Minutes from Darwin CBD, Cafe's, Mindil beach, Cullen Bay and more

Status: Vacant Possession

Rental Return: $800 - $850 per week

Council Rates: $1,753 per annum (approx.)

Body Corporate: $1,754 per quarter inc. sinking fund (approx.)

Date Built: 1992

Area Under Title: 146sqm

Zoning Information: HR (High Density)

Offering exceptional space, flexibility and a premier Esplanade position, this apartment presents a rare opportunity to secure a family-sized home in one of Darwin City's most desirable locations.

For further information or to arrange a private inspection, please contact Stephanie on 0401 400 834 or stephanie@ellisparker.com.au

Listing description written by Stephanie Otto, Ellis Parker Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Dishwasher
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.