OFF MARKET

40 Madigan Road
Marrakai NT 0822

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 64m2
Land area: 87544m2
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Property Details for 40 Madigan Rd, Marrakai

40 Madigan Rd, Marrakai is a 2 bedroom, 1 bathroom House and was built in 2016. The property has a land size of 87544m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in May 2013.

Building Type
House
Year Built
2016
Floor Size
64m2
Land Size
87544m2
Local Government
Un-Incorporated
Lot/Plan
Loc 000 Lot 6448/LTO2010/09

Last Listing description (June 2022)

This property is situated in the heart of Barra country and would make an ideal Airbnb rental catering to the fishing crowd!

The property features a modern 2 bedroom airconditioned home, open planned kitchen/ living area, combined bathroom/ laundry, and a spacious veranda/deck which is an ideal space for outdoor entertaining. The home is surrounded by well established low maintenance gardens and water is supplied via a 3LPS water bore.


The house comes fully furnished with locally made top end furniture and is move in ready. This is a great 20 acre natural bush block with room for further development or just enjoy the wilderness bush complete with walking trails and wet season creeks! The access road is sealed so no dust or wet season mud issues.

Property History for 40 Madigan Rd, Marrakai, NT 0822

A timeline of how this property has performed in the market
Last Sold
$149,000
02 May 2013
  • 21 Mar 2022
    Listed for Sale SOLD - $429,000
  • 02 May 2013
    Sold for $149,000

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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.

Suburb Insights for Marrakai 0822

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.