FOR SALE
$800,000 - $850,000 plus GST

Princes Highway
Narrawong VIC 3285

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4.067ha
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Unique Beachside Acres

A rare opportunity to purchase a 10-acre block with Ocean views and your own private access down onto 20km’s of beach. Situated on the Eastern fringe of Narrawong and just 15 minutes from Portland, this property offers the raw beauty of the Southern Ocean right at your doorstep and provides the perfect spot for a holiday home or residence (STCA).
Given the allotment carries Rural Living Zoning, you also have the potential for some on-site cabins, maybe some glamping tents or something similar, subject to Council approval.
Already established with this property are:
• Over 400 various olive trees with watering system
• 25m x 6m sandstone base water pond
• Access to underground artesian water basin
• Pump for existing underground bore with 1.0ML licence in place
• Horse stables x 4 with small holding yards
• Single toilet/shower block (close to beach) with gas hot water system
• Self-contained office/toilet outbuilding
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Property Details for Princes Hwy, Narrawong

Building Type
Land
Land Size
4.067ha

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About Narrawong 3285

The size of Narrawong is approximately 26 square kilometres. It has 1 park covering nearly 5.6% of total area. The population of Narrawong in 2011 was 356 people. By 2016 the population was 380 showing a population growth of 6.7% in the area during that time. The predominant age group in Narrawong is 60-69 years. Households in Narrawong are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Narrawong work in a professional occupation. In 2011, 85.6% of the homes in Narrawong were owner-occupied compared with 82.2% in 2016.

Narrawong has 329 properties. Over the last 5 years, Houses in Narrawong have seen a 98.52% increase in median value, while Units have seen a -32.33% decrease. As at 31 July 2024:

  • The median value for Houses in Narrawong is $456,916 while the median value for Units is $356,859.
  • Houses have a median rent of $245.
There are currently 9 properties listed for sale, and no properties listed for rent in Narrawong on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Narrawong.

Suburb Insights for Narrawong 3285

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Di MacKirdy
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Rachel Ross
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Robertson Port Fairy
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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.