FOR SALE
$4,400,000

2764 The Mcgrane Way
Narromine NSW 2821

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Land area: 840ha
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Prime Narromine Cropping Country

'Lochiel' Narromine
Agents Comments: Located close to the growing city of Narromine, Lochiel presents a quality cropping property with livestock production and water security. With the majority of the property arable and being prepped for the 2024 cropping season, it is an opportunity to hit the ground running.
Size:
840* hectares / 2075* acres Freehold
Location:
28km south west of Narromine on the bitumen 'Mcgrane Way'
Dubbo: 67km
Country
Topography is flat with alluvial red loam soils ranging to grey/black self mulching soils. Timber includes Myall, box and belah with very minimal paddock trees to ensure efficient cropping.
Arable area is approximately 650ha with the balance being highly productive flood out country.
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Property Details for 2764 The Mcgrane Way, Narromine

Building Type
Rural
Land Size
840ha

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About Narromine 2821

The size of Narromine is approximately 1,920.8 square kilometres. It has 13 parks covering nearly 0.3% of total area. The population of Narromine in 2011 was 4,581 people. By 2016 the population was 4,692 showing a population growth of 2.4% in the area during that time. The predominant age group in Narromine is 0-9 years. Households in Narromine are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Narromine work in a managers occupation. In 2011, 66.4% of the homes in Narromine were owner-occupied compared with 67.8% in 2016.

Narromine has 2,696 properties. Over the last 5 years, Houses in Narromine have seen a 74.95% increase in median value, while Units have seen a -8.30% decrease. As at 30 November 2024:

  • The median value for Houses in Narromine is $341,975 while the median value for Units is $308,896.
  • Houses have a median rent of $430 while Units have a median rent of $300.
There are currently 50 properties listed for sale, and 3 properties listed for rent in Narromine on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in Narromine.

Suburb Insights for Narromine 2821

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Paddy Ward
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Ray White Parkes
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.