OFF MARKET

55 Mungalo Road
Wagait Beach NT 0822

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 20178m2
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Last updated 11 Nov 2024
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Property Details for 55 Mungalo Rd, Wagait Beach

55 Mungalo Rd, Wagait Beach is a 0 bedroom, 0 bathroom House. The property has a land size of 20178m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Land Size
20178m2
Local Government
Wagait
Lot/Plan
Loc 130 Lot 69/LTO89/042B

Last Listing description (December 2023)

Well then perhaps this 5 acre parcel of land is for you, situated in Wagait Beach is a small but growing community with great social amenities. This lot has an ideal position to build your rural retreat or home.

The property comes with a capped bore some fencing but is essentially a virgin block awaiting a new owner to establish a permanent home or there weekend retreat.

Wagait is situated 70 minute (128km) drive from Darwin on fully sealed roads most locals use the local ferry service which runs a two hourly ferry service between Cullen Bay and Mandorah. Ferry crossings take approx. 15 minutes

With community has services such as yoga pilates including many senior activities for those looking to retire by the beach for the ultimate sea change.

Then there is a local shop which is licensed and sells a range of products it also does takeaway meals there is also an arts group that consist of many local artist together with the local club "the Cox Club" that also provides meals and holds many social events. There are also health care services available locally.

The area boasts great fishing and crabbing Wagait Beach is also a popular location for deep sea fishing. There is fantastic fishing from Mandorah jetty and the local beaches or you could launch your boat from the boat ramps at either Mandorah or Bynoe Harbour.

There is also an array of WW11 sites around the coast line including the wreckage of the 'Milady', a crashed US Liberator bomber, the remains of the submarine cable at West Point and the remnants of many WW2 gun turrets scattered along the coast.

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Property History for 55 Mungalo Rd, Wagait Beach, NT 0822

A timeline of how this property has performed in the market
Last Sold
06 Nov 2020
  • 28 Jan 2023
    Listed for Sale Open to Offers
  • 06 Nov 2020
    Sold

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About Wagait Beach 0822

The size of Wagait Beach is approximately 5 square kilometres. The population of Wagait Beach in 2011 was 369 people. By 2016 the population was 437 showing a population growth of 18.4% in the area during that time. The predominant age group in Wagait Beach is 50-59 years. Households in Wagait Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wagait Beach work in a professional occupation. In 2011, 79.7% of the homes in Wagait Beach were owner-occupied compared with 76.3% in 2016.

Wagait Beach has 393 properties. Over the last 5 years, Houses in Wagait Beach have seen a -10.11% decrease in median value, while Units have seen a -12.00% decrease. As at 31 October 2024:

  • The median value for Houses in Wagait Beach is $413,177 while the median value for Units is $223,683.
There are currently 6 properties listed for sale, and no properties listed for rent in Wagait beach on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Wagait beach.

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