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

Princes Highway
Narrawong VIC 3285

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 40670m2
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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 20kms 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
40670m2

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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 332 properties. Over the last 5 years, Houses in Narrawong have seen a 90.14% increase in median value, while Units have seen a -32.33% decrease. As at 31 October 2024:

  • The median value for Houses in Narrawong is $518,588 while the median value for Units is $382,683.
  • Houses have a median rent of $245.
There are currently 14 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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Jeremy Gleeson
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Roberts One Real Estate
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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.