SOLD
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Sold on 07 Mar 2024 for $420,000

3/16 Mcmillan Road
Narooma NSW 2546

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 3/16 Mcmillan Rd, Narooma

3/16 Mcmillan Rd, Narooma is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Narooma in the last 12 months.

Building Type
Unit
Local Government
Eurobodalla
Lot/Plan
3/SP22743

Last Listing description (March 2024)

Discover a fully furnished, renovated two-bedroom, one-bathroom ground floor unit in Narooma's desired 'the flat' area. This gem is nestled in a complex of 32 units, offering both comfort and convenience.

Centrally located, it's a mere 6-minute stroll to local cafes and shops, ensuring daily essentials are always within reach. The complex boasts enticing amenities including a new pool, playground, tennis court, and temporary holiday boat parking, catering to leisure and recreation needs.

Ideal as an investment property or a permanent residence, this unit presents a unique blend of updated living in a well-connected strata complex. Embrace the opportunity to own a piece of Narooma's charm, where convenience and comfort harmonise seamlessly.

Council rates are approximately $2,470.20 per annum
Strata levies are approximately $1,396.00 per quarter

Property History for 3/16 Mcmillan Rd, Narooma, NSW 2546

A timeline of how this property has performed in the market
Last Sold
$420,000
07 Mar 2024
Listed for Rent
$400/w
20 May 2021
  • 07 Mar 2024
    Sold for $420,000
  • 29 Aug 2023
    Listed for Sale Sold - $420,000
  • 04 May 2021
    Listed for Rent $400 / week
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About Narooma 2546

The size of Narooma is approximately 120 square kilometres. It has 11 parks covering nearly 69.2% of total area. The population of Narooma in 2011 was 2,416 people. By 2016 the population was 2,611 showing a population growth of 8.1% in the area during that time. The predominant age group in Narooma is 60-69 years. Households in Narooma are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Narooma work in a trades occupation. In 2011, 68.6% of the homes in Narooma were owner-occupied compared with 69.1% in 2016.

Narooma has 2,499 properties. Over the last 5 years, Houses in Narooma have seen a 62.57% increase in median value, while Units have seen a 93.10% increase. As at 31 October 2024:

  • The median value for Houses in Narooma is $734,977 while the median value for Units is $506,222.
  • Houses have a median rent of $485 while Units have a median rent of $420.
There are currently 30 properties listed for sale, and 6 properties listed for rent in Narooma on OnTheHouse. According to CoreLogic's data, 99 properties were sold in the past 12 months in Narooma.

Suburb Insights for Narooma 2546

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Contact agent
John Murray
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Whale Coast Realty
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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.