All About Marrakai, Unincorporated NT, NT, 0822
Marrakai, located in the Northern Territory of Australia, is a small rural locality offering a distinct lifestyle characterized by its natural beauty and tranquility. The housing market in Marrakai is relatively modest compared to urban areas, primarily featuring standalone homes on large plots of land. This is ideal for those seeking privacy and space, often at a more affordable price point than city living. The market tends to be less volatile, with properties typically appealing to buyers interested in agriculture, rural living, or those looking to escape the hustle and bustle of urban life. With the proximity to Darwin, about an hour's drive away, residents can enjoy a peaceful rural lifestyle without being too far from the amenities of a larger city.
Living in Marrakai provides a unique opportunity to immerse oneself in the Northern Territory's stunning natural environment. The area is known for its lush landscapes, close to attractions like the Adelaide River and the Mary River Wetlands, which are popular for activities such as fishing, bird watching, and exploring nature. The community is tight-knit, with a slower pace of life that appeals to families and retirees. While amenities are limited within Marrakai itself, essential services can be accessed in nearby towns and Darwin. This balance of seclusion and accessibility makes Marrakai an appealing destination for those who value nature and tranquility in their daily lives.
Household Makeup
| Median Weekly Rent | $190.00 |
| Median Monthly Mortgage | $1500.00 |
| Median Persons Per bed houseroom | 1.10 |
| Average Household Size | 3.00 |
| Average Age | 44.00 |
| Average Income | $675.00 |
| Average Cars Per Dwelling | 2.03 |
| Average Properties Within 50M | 1 |
| Typical 1 bed house | $299,000 |
| Typical 2 bed house | $614,000 |
| Typical 3 bed house | $613,000 |
| Typical 4 bed house | $915,000 |
Housing Stock
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Marrakai Real Estate Market Outlook
Thinking about buying in Marrakai? Now could not be a better time, with just 392 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $429,000 with prices in this suburb ranging from $164,000 to $1,014,000. Marrakai is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
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.
Instant Property Valuation
5
2
4 Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Marrakai there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Marrakai weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 11.2 | 24.1 | 33.3 | 58.9 | 93.7 | 2.6 | 19.2 |
| Feb | 10.3 | 24.2 | 34.2 | 57.5 | 95.6 | 2.4 | 21.1 |
| Mar | 7.7 | 24.1 | 34.4 | 53.3 | 94.9 | 2.0 | 21.2 |
| Apr | 3.1 | 22.5 | 34.3 | 44.3 | 95.3 | 1.9 | 22.3 |
| May | 0.7 | 19.8 | 33.5 | 38.4 | 93.8 | 2.1 | 20.7 |
| Jun | 0.0 | 15.7 | 32.8 | 29.0 | 90.9 | 2.2 | 20.0 |
| Jul | 0 | 14.5 | 33.2 | 25.8 | 91.0 | 2.3 | 20.8 |
| Aug | 0 | 13.8 | 34.3 | 19.5 | 90.1 | 2.2 | 22.5 |
| Sept | 0.6 | 18.8 | 36.7 | 25.2 | 92.6 | 2.3 | 24.5 |
| Oct | 1.9 | 21.7 | 37.5 | 30.7 | 93.1 | 2.4 | 25.4 |
| Nov | 3.6 | 23.2 | 37.0 | 38 | 93.7 | 2.1 | 24.5 |
| Dec | 8.8 | 24.0 | 35.3 | 49.0 | 93.5 | 2.1 | 22.3 |
source: Australian Government Bureau of Meteorology
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