9/40 Lakes CrescentMarrara NT 0812
Property Details for 9/40 Lakes Cres, Marrara
9/40 Lakes Cres, Marrara is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a floor size of 96m2.
Last Listing description (August 2016)
Don't miss this investment opportunity - Units in this complex do not come to the market very often. It is tenanted until June next year and showing fairly good returns.
The unit is 2 bedrooms and 1 bathroom. It is in good condition throughout and does not need any money spent on it. Sit back and relax on the rear verandah overlooking the golf course with a cool drink after work. For the golf clubs and fishing gear there is a garden shed in the back yard.
The owner now lives interstate and has now decided to sell.
Property History for 9/40 Lakes Cres, Marrara, NT 0812
- 17 Jul 2015Listed for Sale $480,000
Recent sales nearby
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About Marrara 0812
The size of Marrara is approximately 3.2 square kilometres. There are 8 parks, covering nearly 58.8% of the total area. The population of Marrara in 2016 was 1549 people. By 2021 the population was 1323 showing a population decline of 14.6% in the area during that time. The predominant age group in Marrara is 50-59 years. Households in Marrara are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Marrara work in a professional occupation.In 2021, 63.20% of the homes in Marrara were owner-occupied compared with 62.90% in 2016.
Marrara has 614 properties. Over the last 5 years, Houses in Marrara have seen a 25.79% increase in median value, while Units have seen a 43.27% increase. As at 30 April 2026:
- The median value for Houses in Marrara is $787,775 while the median value for Units is $401,857.
- Houses have a median rent of $850 while Units have a median rent of $550.
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