SOLD
Sold on 05 Jul 2024 for $795,000

7 The Loop
Narooma NSW 2546

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 118m2
Land area: 650m2
Sold By
Ben Bate Real Estate
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Property Details for 7 The Loop, Narooma

7 The Loop, Narooma is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 650m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Narooma in the last 12 months.

Building Type
House
Floor Size
118m2
Land Size
650m2
Local Government
Eurobodalla
Lot/Plan
24/DP31896

Last Listing description (August 2024)

Welcome to No 7 The Loop. A original one owner property built in 1973 and maintained in immaculate condition. Ideal north aspect. Gorgeous views of the inlet from the front and rear balconies as well as the living, dining and kitchen areas. Offering three bedrooms. Bathroom with bath and separate toilet. Solid cyprus pine timber floors under the carpet. Downstairs there is a lock up garage plus a workshop and laundry. This is one of the hardest streets to buy into in the Narooma area with a mere 6 properties having sold here in the last 10 years. The home can be lived in as it is or would lend itself to an extension renovation or even a knock down and rebuild.

We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations...

Property History for 7 The Loop, Narooma, NSW 2546

A timeline of how this property has performed in the market
Last Sold
$795,000
05 Jul 2024
  • 05 Jul 2024
    Sold
  • 05 Jul 2024
    Sold for $795,000
  • 01 Feb 2024
    Listed for Sale Not Disclosed

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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 2,493 properties. Over the last 5 years, Houses in Narooma have seen a 73.22% increase in median value, while Units have seen a 71.65% increase. As at 31 July 2024:

  • The median value for Houses in Narooma is $759,217 while the median value for Units is $482,794.
  • Houses have a median rent of $525 while Units have a median rent of $420.
There are currently 28 properties listed for sale, and 6 properties listed for rent in Narooma on OnTheHouse. According to CoreLogic's data, 97 properties were sold in the past 12 months in Narooma.

Suburb Insights for Narooma 2546

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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.