35/11 Payne StreetNarooma NSW 2546
Property Details for 35/11 Payne St, Narooma
35/11 Payne St, Narooma is a 2 bedroom, 1 bathroom Villa with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Villa sold in Narooma in the last 12 months.
Last Listing description (June 2024)
Updated with modern décor, this nicely renovated two-bedroom one-bathroom plus 2nd toilet off the laundry and internal access of the 2 automatic garage doors plus an additional workshop area, make sure this property ticks all your boxes. If you're searching for an investment property with the plan to retire or holiday in the future or just move straight in, this is the one.
Currently on AirBnB making approx. $25-$30,000 per annum.
This comes fully furnished with air conditioning plus an ornamental fireplace for heating and a 6kW solar system which dramatically reduces your electricity bills.
A covered outdoor entertaining area at the rear is north-facing with great sunny outlook, overlooking a private and fully fenced rear, grassed backyard with a garden shed. Ramp access for easy living - extra storage under the house and decks are ideal for all the treasures. While offering a flat entrance via internal access from the double garage that includes an extra storage area at the rear
A worthy consideration to just move in and live or with a good rental/income return with AirBnB or perm rent for $450-$500pw
Strata Fees: Approx $638 per quarter.
Council Rates Approx: $2,311 per annum.
Property History for 35/11 Payne St, Narooma, NSW 2546
- 27 Jun 2024Sold for $585,000
- 11 May 2024Listed for Sale $599,000
- 27 May 2022Listed for Sale Not Disclosed
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0About 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 2,497 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.
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