SOLD
Sold on 22 May 2024 for $1,030,000

3/1 Somerset Avenue
Narellan NSW 2567

Bedrooms: -
Bathrooms: 1
Car spaces: -
Floor area: 120m2
Land area: 919m2
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Property Details for 3/1 Somerset Ave, Narellan

Building Type
Commercial
Floor Size
120m2
Land Size
919m2
Local Government
Camden
Lot/Plan
3/SP75077

Last Listing description (August 2011)

Whether you are wanting to open a restaurant, bakery or mixed business, stop looking & inspect this 100sqm shop for your business to flourish located on a popular street & in the midst of a busy business area. For viewings please contact our office,,,Availible NOW. Option to buy.

Property History for 3/1 Somerset Ave, Narellan, NSW 2567

A timeline of how this property has performed in the market
Last Sold
$1,030,000
22 May 2024
  • 22 May 2024
    Sold for $1,030,000
  • 31 Oct 2013
    Sold for $590,000
  • 21 Jun 2013
    Sold for $500,000
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About Narellan 2567

The size of Narellan is approximately 3.9 square kilometres. It has 13 parks covering nearly 27% of total area. The population of Narellan in 2011 was 3,493 people. By 2016 the population was 3,616 showing a population growth of 3.5% in the area during that time. The predominant age group in Narellan is 20-29 years. Households in Narellan are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narellan work in a trades occupation. In 2011, 70.3% of the homes in Narellan were owner-occupied compared with 65.6% in 2016.

Narellan has 1,949 properties. Over the last 5 years, Houses in Narellan have seen a 60.32% increase in median value, while Units have seen a 41.96% increase. As at 30 November 2024:

  • The median value for Houses in Narellan is $1,026,828 while the median value for Units is $702,334.
  • Houses have a median rent of $640 while Units have a median rent of $575.
There are currently 6 properties listed for sale, and 5 properties listed for rent in Narellan on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in Narellan.

Suburb Insights for Narellan 2567

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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.