74 Clarke Road, Marrakai NT 0822
This property is Off Market
- The Average property price in this area is $431,371, this is based on recent transactions.
- Internet speed Download 25 Mbps / Upload 5 Mbps
- Distance to the coast 53.25 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Alligator
With an average age of 44, households expect an average monthly mortgage payment of $1,500 or a weekly rent payment of $190. The average family earns a weekly income of $1,517 with a typical household size of 2.6 and a 97.54% employment rate.
In Marrakai there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Marrakai due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Marrakai classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Marrakai requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Marrakai we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Marrakai a better buying opportunity than it may have been in the past.
Population
(Country of Birth not stated 18%)
Are people healthy?
A good place to invest in property?
Alligator a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Northern Territory State average 44 / 100
Income
38 / 100
55 / 100
Industry
14 / 100
29 / 100
Population
75 / 100
50 / 100
House Prices
33 / 100
61 / 100
Jobs
42 / 100
27 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
Middle Point School
Middle Point, NT, 0822 State P-6
Property Story
74 Clarke Road, Marrakai, Nt, 0822 is a residential property . The estimated distance to the sea is 53.25km and 0.11KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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