RateMyAgentGo to search
Back 7/5 Lambell Terrace
Off Market

7/5 Lambell Terrace

Larrakeyah NT 0820

3
2
2
157 m²
Apartment
Last sold for $500,000
Adam GullifordAdam Gulliford, last sold this property on 11 December 2025 after 91 days on market.

Overview

Captivating Views in a Fabulous Location

Gorgeously positioned within leafy Larrakeyah, this effortlessly appealing three-bedroom apartment offers bright, breezy living looking out over the old Darwin Hospital site, which is heritage listed and can never be built on, so you will always enjoy that incredible parkland vista. Capturing cooling breezes from its elevated position, this easy, breezy apartment delivers low maintenance living in a superbly sought-after location, placing it a short stroll from attractions such as Cullen Bay, Gardens Park Golf Course, Mindil Beach and the casino. With six months left on the current lease, the apartment is tenanted to offer instant return on investment, working well for investors looking to add to their portfolio, or buyers with a longer view to moving into this marvellous location. First up, let's talk more about those views. Leafy and lush, the outlook is simply sensational, capturing interrupted views over parkland all the way to Cullen Bay. Out on the balcony, there's plenty of space for entertaining, or simply kicking back and watching the world go by in peace and privacy. Bright and airy, the spacious open-plan is just as appealing, and entertainers are sure to appreciate the seamless connection between the living and cook space. Neatly set off to the side, the kitchen impresses further with stone counters, modern appliances and ample storage. Of the three bedrooms, two offer built-in robes, including the airy master. Both the ensuite and main bathroom are well-appointed and functional, but could provide potential to add value with updates in time. Rounding things out, there is an internal laundry, AC throughout, and secure parking for two cars, plus lift access and a delightful inground pool. Of course, location is a huge highlight here. Just over the road, there's all that sweeping parkland to enjoy, including a great playground for kids. There are cafes and conveniences nearby, and you can walk or cycle to explore the dazzling array on offer within Darwin CBD. In this location, this property is sure to be snapped up fast. Make sure you don't miss out by calling us today to arrange your inspection. Currently tenanted to provide superb opportunity for investors Attractive apartment on third floor of quiet complex of 11 Easy neutrals, plentiful natural light and updated floors throughout Tastefully renovated kitchen boasts modern appliances and stylish design Spacious open-plan framed by large windows, flowing out to balcony Curved entertainer's balcony with sweeping park outlook toward the water Generous master features built-in robe and ensuite with large shower Two further bedrooms serviced by neat main bathroom and separate WC Split-system AC in every room, laundry tucked away in hallway Secure parking for two cars, plus access to lovely inground pool and spa

Features

3 bedrooms
2 bathrooms
2 carspaces
2 carport spaces
157 m² floor area
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Larrakeyah over the last 12 months, the estimated median property value of 7/5 Lambell Terrace is $570k.

Median value
$570k
Estimated value range
$500k - $845k
Median days on market
69
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Larrakeyah. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 7/5 Lambell Terrace

2026
Rented
Undisclosed
Leased on 27 Mar 2026 by Raine & Horne Darwin
2025
Sold
$500,000
11 Dec 2025 by Adam Gulliford, of Raine & Horne Darwin

Happy sellers in Larrakeyah

94%
94% of sellers in Larrakeyah reported that their sale price either exceeded or met their price expectations.

Larrakeyah stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Larrakeyah over the last 12 months.

Local market activity for 3 bedroom apartments in Larrakeyah

In the last 12 months, 19 three-bedroom apartments similar to 7/5 Lambell Terrace, have been sold.

This represents a 41% decrease in three-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Larrakeyah

placeholder
Kerri-Ann Laurence

Sellers who recommend Kerri-Ann Laurence have praised them for being clear communication, local expert, responsive, honest, friendly, supportive and reliable

  •   5   (192 reviews)
  •  1 Review in Larrakeyah
  •  3 Sales in Larrakeyah
View profile
placeholder
Susie Patton-Quinn

Sellers who recommend Susie Patton-Quinn have praised them for being clear communication, local expert, friendly, responsive, dedicated, well-prepared and reliable

  •   4.9   (78 reviews)
  •  1 Review in Larrakeyah
  •  3 Sales in Larrakeyah
View profile
placeholder
Paul Heron

Sellers who recommend Paul Heron have praised them for being local expert, clear communication, honest, trustworthy, stress-free process, reliable and supportive

  •   5   (72 reviews)
  •  1 Review in Larrakeyah
  •  1 Sale in Larrakeyah
View profile
placeholder
Sascha Smithett

Sellers who recommend Sascha Smithett have praised them for being local expert, clear communication, reliable, honest, supportive, hard-working and dedicated

  •   4.9   (66 reviews)
  •  7 Sales in Larrakeyah
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap