12/27 Lakes Crescent

Marrara NT 0812

The size of Marrara is approximately 3.2 square kilometres. It has 8 parks covering nearly 58.8% of total area. The population of Marrara in 2011 was 1,444 people. By 2016 the population was 1,552 showing a population growth of 7.5% in the area during that time. The predominant age group in Marrara is 50-59 years. Households in Marrara are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Marrara work in a clerical occupation. In 2011, 63.7% of the homes in Marrara were owner-occupied compared with 62.9% in 2016.

Marrara has 579 properties. Over the last 5 years, Houses in Marrara have seen a 26.50% increase in median value, while Units have seen a 17.75% increase. As at 31 July 2024:

• The median value for Houses in Marrara is $692,796 while the median value for Units is $308,167.
• Houses have a median rent of $695 while Units have a median rent of $488.