15 Madigan RoadMarrakai NT 0822
Property Details for 15 Madigan Rd, Marrakai
Last Listing description (November 2023)
Only $298,000 O.N.O.
Looking for a low cost 22 acre natural bush block with on site improvements? If so - then this is the ideal property for you!!
This is a high and dry block with excellent native bush which has attracted an abundance of native birds and wildlife.
This property offers a buyer the opportunity to acquire their own rural home at a fraction of the cost of buying in town.
Property History for 15 Madigan Rd, Marrakai, NT 0822
- 24 Nov 2023Listed for Sale $298,000
- 24 May 2013Sold for $147,000
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About Marrakai 0822
The size of Marrakai is approximately 2,207.2 square kilometres. It has 3 parks covering nearly 32.9% of total area. The population of Marrakai in 2011 was 495 people. By 2016 the population was 527 showing a population growth of 6.5% in the area during that time. The predominant age group in Marrakai is 50-59 years. Households in Marrakai are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Marrakai work in a managers occupation. In 2011, 73% of the homes in Marrakai were owner-occupied compared with 79.2% in 2016.
Marrakai has 348 properties. Over the last 5 years, Houses in Marrakai have seen a 7.03% increase in median value. As at 30 September 2024:
- The median value for Houses in Marrakai is $405,374 while the median value for Units is $281,124.
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