OFF MARKET

5314/187 Mcgorrie Road
Marrakai NT 0822

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Property Details for 5314/187 Mcgorrie Rd, Marrakai

Building Type
Land
Local Government
Un-Incorporated

Last Listing description (November 2015)

9.8 Ha (24.20 acres) cleared block, vacant land ideal for hobby farm, a good dry block.

Fully fenced perimeter with hinge wire & barb.


3 phase power passing two sides.

3 phase power pole & good surrounding bores in area.

One of the few blocks fully cleared, ideal for cash crop/vegies farming, grazing for horse lovers or otherwise ideal hobby farming & horticulture.

Double road access & frontage to McGorrie Road & Arnhem Highway is a bonus with bitumen both sides.

Property History for 5314/187 Mcgorrie Rd, Marrakai, NT 0822

A timeline of how this property has performed in the market
  • 03 Sep 2015
    Listed for Sale $279,000

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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.
There are currently 4 properties listed for sale, and no properties listed for rent in Marrakai on OnTheHouse. According to CoreLogic's data, 25 properties were sold in the past 12 months in Marrakai.

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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.