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Sold on 20 May 2024 for $3,100,000

265 Narraburra Road
Little River VIC 3211

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Land area: 50ac
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Property Details for 265 Narraburra Rd, Little River

Building Type
Land
Land Size
50ac
Local Government
Wyndham
Lot/Plan
14B/PP2254

Last Listing description (May 2024)

Raine & Horne Land Victoria is delighted to offer this strategically located privately held 50 acres of prime land with beautiful house in Little River.

Little River is a town in Victoria, Australia, approximately 44 kilometres south-west of Melbourne CBD, located within the Cities of Greater Geelong and Wyndham local government areas.

This property brings immense opportunities for land bankers and investors as it is currently a part of the Avalon Growth Strategy Corridor.

The Avalon corridor runs from Geelong to Melbourne, covering about 30,000 hectares of land. It also has a number of state and local important assets, such as Avalon Airport and the Western Treatment Plants for Water in Melbourne. It covers the entire town of Little River and certain parts of Lara, bringing together a large number of biodiversity values as well as sites of environmental and cultural importance. This property comprises of spacious three bedroom house with two bathrooms, separate dining space and two living areas.
This property is a part of logical inclusions of Wyndham Council. Pacific National Railways is working on starting a New Intermodal Rail Terminal & surrounding warehousing precinct in Little River. This is a great opportunity for Investors, Land Bankers and Developers.

Key Insights
• Land Size approx. 50 acres
• Green Wedge Zone
• 20 Min to Avalon Airport
• 30 Min To Geelong CBD
• 5 mins drive to Little River Station
• 5 min drive to Little River Township
• Easy access to Princes Freeway

Interested parties should conduct their due diligence prior to making any submissions. Given are for general information only and do not constitute any representation on the part of the vendor or agent.

Call Kevin Paghdar on +61 426 510 510 Or Harvir Hans on 0421 452 651 today for further enquiries.

Due Diligence Checklist -
http://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 265 Narraburra Rd, Little River, VIC 3211

A timeline of how this property has performed in the market
Last Sold
$3,100,000
20 May 2024
  • 20 May 2024
    Sold for $3,100,000
  • 12 Apr 2024
    Listed for Sale UNDER CONTRACT
  • 26 Nov 2015
    Sold for $1,050,000
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About Little River 3211

The size of Little River is approximately 181.2 square kilometres. It has 8 parks covering nearly 11.3% of total area. The population of Little River in 2011 was 1,393 people. By 2016 the population was 1,331 showing a population decline of 4.5% in the area during that time. The predominant age group in Little River is 50-59 years. Households in Little River are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Little River work in a trades occupation. In 2011, 85% of the homes in Little River were owner-occupied compared with 88.1% in 2016.

Little River has 712 properties. Over the last 5 years, Houses in Little River have seen a 35.12% increase in median value, while Units have seen a 30.17% increase. As at 30 September 2024:

  • The median value for Houses in Little River is $1,051,613 while the median value for Units is $432,165.
  • Houses have a median rent of $750.
There are currently 21 properties listed for sale, and 2 properties listed for rent in Little river on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Little river.

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Kevin Paghdar
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Harvir Hans
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Raine & Horne Land Victoria
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