OFF MARKET

65 Madigan Road
Marrakai NT 0822

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 21740000m2
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Property Details for 65 Madigan Rd, Marrakai

Building Type
Land
Land Size
21740000m2
Local Government
Un-Incorporated
Lot/Plan
Loc 000 Lot 7088/LTO2010/098A

Last Listing description (November 2015)

2174 Hectares ( 5369.78 acres) Freehold land situated just off current subdivisions at Marrakai just a few minutes from the Arnhem Hwy.
Native bush lot, undulating country mostly dry with some lower level wet areas.
Ideal horticulture, cattle, hobby farm or just lots of space to get away from the hustle of city life close to Darwin.

30 minutes drive from Humpty Doo Pub & five minutes drive to Corroboree Tavern or its an hour drive to Darwin.
School bus for Humpty Doo High School & Primary School passes nearby.
Great Investment for your kids future or your land bank opportunity for future subdivision and capitol gains.
Good water supply in area i.e surrounding bores.
Ideal business opportunity for subdivision as ongoing development with 3 phase power and bitumen road to frontage, already 5 past stages of subdivision with lots more potential..

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Property History for 65 Madigan Rd, Marrakai, NT 0822

A timeline of how this property has performed in the market
Last Sold
$500,000
21 Feb 2020
  • 21 Feb 2020
    Sold for $500,000
  • 07 May 2015
    Listed for Sale $1,250,000

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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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