FOR SALE
$575,000

Lot 1/198 Wades Road
Narrawong VIC 3285

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5.957ha
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Piece Of Paradise In Narrawong

Discover the perfect canvas to build your dream home (*STCA) on this 5.9 hectare (approx) allotment located at Lot 1, 198 Wades Road, Narrawong.
Situated in a sought-after area of Victoria, this property offers a rare opportunity encompassing sprawling ocean and rural views surrounded by nature in a peaceful setting.
With road access complete, brand new boundary fencing and power nearby - don't miss this incredible opportunity to secure your own slice of Narrawong paradise.
(*Subject to Council Approval)
NB: Boundary lines are an approximate only.
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Property Details for Lot 1/198 Wades Rd, Narrawong

Building Type
Land
Land Size
5.957ha

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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 331 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 13 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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Nikki Hudson
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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.