Back 240 Morgan Road
Off Market

240 Morgan Road

Virginia NT 0834

50600 m²
Land
Last sold for $500,000
Alana RosseAlana Rosse, last sold this property on 14 November 2025 after 87 days on market.

Overview

Rural Retreat - 12.5 Acres of Lifestyle, Space & Potential!

Dreaming of more space without sacrificing convenience? This impressive 12.5-acre rural property offers the perfect balance room to spread out, yet only minutes from the heart of Palmerston City and the Coolalinga shopping precinct. Youll enjoy easy access to essential amenities including schools, supermarkets, cafs, medical services, and Palmerston Hospital all while enjoying the peace, privacy, and fresh air that rural living brings. With bitumen driveway access, plus power and town water available, this property is ready for your plans. Tall timber creates a private, scenic setting, while a seasonal creek along one boundary adds extra appeal for buyers seeking both space and character. Whether its building your dream home, setting up a hobby farm, or securing a large parcel of land for the future - the possibilities are endless. Key Features: - Generous 12.5-acre rural block (50600m) - Power and town water available - Bitumen driveway access - Only minutes to Palmerston and Coolalinga amenities - Seasonal creek and tall timber for privacy and charm - Space for sheds, animals, gardens, and more Take advantage of the NT Governments new First Home Buyer programs: $50,000 grant if you build or buy a new home in the NT $30,000 grant if you already own a property and build or buy a new home in the NT More details can be found here: https://nt.gov.au/property/home-owner-assistance If youve been waiting for the perfect mix of rural lifestyle and suburban convenience, this is your opportunity. Large blocks this close to town are becoming harder to find - dont miss out!

Features

50600 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Virginia over the last 12 months, the estimated median property value of 240 Morgan Road is $490k.

Median value
$490k
Estimated value range
$480k - $500k
Median days on market
58
Estimated value trend
23%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Virginia. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 240 Morgan Road

2025
Sold
$500,000
Private Sale/Treaty on 14 Nov 2025 by Alana Rosse, of Tropics Property NT

Happy sellers in Virginia

94%
94% of sellers in Virginia reported that their sale price either exceeded or met their price expectations.

Virginia stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Virginia over the last 12 months.

Local market activity for land plots in Virginia

In the last 12 months, 4 land plots similar to 240 Morgan Road, have been sold.

This represents a 66% decrease in land plots sales when compared to the previous 12 months.

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