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 333 properties. Over the last 5 years, Houses in Narrawong have seen a 120.96% increase in median value, while Units have seen a -32.33% decrease. As at 30 November 2024:

  • The median value for Houses in Narrawong is $523,208 while the median value for Units is $304,649.
  • Houses have a median rent of $245.
There are currently 14 properties listed for sale, and 1 property listed for rent in Narrawong on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Narrawong.

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