OFF MARKET

15 Madigan Road
Marrakai NT 0822

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 90717m2
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Property Details for 15 Madigan Rd, Marrakai

Building Type
Land
Land Size
90717m2
Local Government
Un-Incorporated

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!!

Features include: perimeter fencing, drilled and equipped water bore, onsite electricity, liveable shed dwelling, toilet and laundry shed, plus a second onsite basic guest or rental accommodation site.

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.

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Property History for 15 Madigan Rd, Marrakai, NT 0822

A timeline of how this property has performed in the market
Last Sold
$147,000
24 May 2013
  • 24 Nov 2023
    Listed for Sale $298,000
  • 24 May 2013
    Sold 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 -6.19% decrease in median value. As at 31 October 2024:

  • The median value for Houses in Marrakai is $440,080 while the median value for Units is $255,072.
There are currently 4 properties listed for sale, and no properties listed for rent in Marrakai on OnTheHouse. According to CoreLogic's data, 20 properties were sold in the past 12 months in Marrakai.

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