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Unit 7,
13 MAGDELENE COURT Malak NT 0812

This property is Off Market

All about Malak Homes for sale in Malak


  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 5.65 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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About Malak - Marrara

With an average age of 37, households expect an average monthly mortgage payment of $1,440 or a weekly rent payment of $153. The average family earns a weekly income of $914 with a typical household size of 2.1 and a 90.65% employment rate.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Malak ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Malak provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Malak 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. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 12%)

Are people healthy?

There are a recorded 362 asthma sufferers and 253 people living with diabetes. In addition, 206 people have a heart/vascular condition and 355 people live with three or more chronic diseases.

A good place to invest in property?

Malak - Marrara 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

66 / 100

55 / 100

Industry

38 / 100

29 / 100

Population

73 / 100

50 / 100

House Prices

79 / 100

61 / 100

Jobs

39 / 100

27 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • Malak Primary School

    Malak, NT, 0812 State P-6

  • Holy Family Catholic Primary School

    Karama, NT, 0812 Independent T-6

  • O'Loughlin Catholic College

    Karama, NT, 0812 Independent 7-12

  • Top End School of Flexible Learning

    Malak, NT, 0812 State 7-12


Property Story

Unit 7, 13 Magdelene Court, Malak, Nt, 0812 is a residential property . The estimated distance to the sea is 5.65km and 0.79KM 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

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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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