3/9 Mcmillan Rd, Narooma is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1166m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in October 2018.
This well renovated free standing cottage in a complex of three cottages, has a lot to offer someone who would like to invest, with the future in sight for downsizing as the property has very low strata fees.
Great features of this residence include: Large open planned, updated kitchen, dining and lounge area with wood combustion heater. Two good sized bedrooms, updated bathroom, fully fenced front yard, off street parking at the rear as well as a garden shed.
The home is currently tenanted and has a long term lease in place. Good for investors and people looking at the future, also ideal for people with mobility concerns with easy access from front and rear doors.
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 2,492 properties. Over the last 5 years, Houses in Narooma have seen a 74.19% increase in median value, while Units have seen a 99.19% increase. As at 31 August 2024:
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