5314/187 Mcgorrie Road, Marrakai, NT 0822 | Property Value & History | OnTheHouse
OFF MARKET

5314/187 Mcgorrie Road
Marrakai NT 0822

Bedrooms: 2
Bathrooms: 2
Car spaces: 10
Floor area: 131m2
Land area: 98000m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 21 Sep 2026
Low

High
Save

Property Details for 5314/187 Mcgorrie Rd, Marrakai

Building Type
Rural
Year Built
1990
Floor Size
131m2
Land Size
98000m2
Local Government
Un-Incorporated
Lot/Plan
Loc 000 Lot 5314/LTO97/119B

Last Listing description (September 2026)

Phone enquiries - please call 1300 594 794 and quote property ID 41070.

Elevated Private Residence 130sqm approx. plus 45sqm balcony approx (old fibro building).
2 double sized bedrooms, 2 showers, 2 toilets (note the rooms are enormous and could easily be converted to a living/dining room plus 2 bedrooms)

Garden Nursery approximately 50m x 60m (0.3ha/3000sqm approx.) with reticulated irrigation configured for hydroponic production (currently used for Lebanese cucumber)
Split System Air-conditioning in Bedrooms and Kitchen
Satellite Internet Access Available
Landline Available
25,000L water tank to residence
Bore Water 5.5L per second
3 phase Mains Power Electricity
Water extraction licence approved 76ML per year
Sealed Road Access
40 Foot Coolroom
Easy access to Highway, and short drive to schools and shops.
Existing farming vehicles and farming equipment included (excludes farming consumables like fertiliser and packaging)
Furniture included
Currently used for vegetable farming only Lebanese Cucumber and Okra)
Total Land 9.8ha (24.2acre/98,000sqm)
Unincorporated Land designated no zoning therefore no Council Rates apply
Septic Tank
Mobile coverage
Fully fenced with mix of barb and mesh
85 mango trees (Falan Variety) - 6yrs to 7yrs old, plus some lime, wax apple and pomelo trees for personal use

The property is currently leased until 23 December 2026 at $2,800 per month including gst. The tenant would like to continue renting if possible; however, they have been advised that the rent will continue month-to-month, subject to the property's sale.

The seller can introduce the buyer to current clients; however, this is not the supply of a going concern (i.e. the buyer will need their own ABN and Business Name).

Approximately 34% of the property is irrigated via a 75mm main irrigation line that supplies smaller diameter conduits and drip irrigation, which can be removed and reconfigured. Irrigation is a simple system with manually controlled valves.

Currently, the property is used for vegetable cropping: Lebanese Cucumber cropping inside the Garden Nursery, and Okra covering approximately 3ha. Lebanese cucumbers can be grown all year round and take about 4 to 6 weeks from seedling before they are ready to pick. Okra takes about 8 to 9 weeks from seedling before it is ready to pick and is typically grown in the dry season. Since these are seasonal crops, you can grow whatever you like.

This is a walk-in-walk-out Sale
EVERYTHING INCLUDED!

DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.

Property History for 5314/187 Mcgorrie Rd, Marrakai, NT 0822

A timeline of how this property has performed in the market
Last Sold
$700,000
21 May 2024
  • 12 Aug 2026
    Listed for Sale Not Disclosed
  • 21 May 2024
    Sold for $700,000
  • 22 Feb 2024
    Listed for Sale Not Disclosed
Sign in to see more transactions
Commute Calculator

About Marrakai 0822

The size of Marrakai is approximately 2207.2 square kilometres. There are 3 parks, covering nearly 32.9% of the total area. The population of Marrakai in 2016 was 517 people. By 2021 the population was 564 showing a population growth of 9.1% in the area during that time. The predominant age group in Marrakai is 50-59 years. Households in Marrakai are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Marrakai work in a managers occupation.In 2021, 84.10% of the homes in Marrakai were owner-occupied compared with 79.20% in 2016.

Marrakai has 350 properties. Over the last 5 years, Houses in Marrakai have seen a 36.20% increase in median value, while Units have seen a 217.87% increase. As at 31 August 2026:

  • The median value for Houses in Marrakai is $598,794 while the median value for Units is $1,936,393.
There are currently 7 properties listed for sale, and no properties listed for rent in Marrakai on OnTheHouse. According to Cotality's data, 13 properties were sold in the past 12 months in Marrakai.

Suburb Insights for Marrakai 0822

Market Insights
Marrakai Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Marrakai Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality 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 Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.