OFF MARKET

110 Eight Mile Road
Nar Nar Goon VIC 3812

Bedrooms: 4
Bathrooms: -
Car spaces: -
Land area: 758415m2
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Property Details for 110 Eight Mile Rd, Nar Nar Goon

Building Type
Rural
Land Size
758415m2
Local Government
Cardinia
Lot/Plan
16A~F/PP2920

Last Listing description (February 2023)

This is a proven parcel of peat loam soil offering 3 titles with two homes in the well regarded peat country. The strong productive soil has been producing potatoes, vegetables and milk for generations and is well known for its ability to deliver. With plenty of irrigation water and excellent drainage, this is an attractive package. Aggregated parcels of reasonable size that are developed for gardening or fodder cropping are becoming more difficult to acquire. This versatile holding is not limited to theses pursuits and would easily convert to equine activity.
Key features and improvements:
- 188 acres, three titles, fully drained, laneways, fenced, troughs,

- quality peat loam soil, excellent clean pastures, 3 phase power,
- 118MLs irrigation, 20 ML dam, mains, hydrants, diesel motor/pump,
- 150mm main lines, interconnected, hydrants,
- good range of useful sheds (older), old dairy, yards, easy truck access,
- 2 homes, both in need of renovation, tank water, vacant possession.

The property is being offered as a whole with immediate possession with keen vendors offering vendor terms to qualified potential purchasers.
For further information please contact: Ray Cullen on 0429 977313

Property History for 110 Eight Mile Rd, Nar Nar Goon, VIC 3812

A timeline of how this property has performed in the market
Last Sold
$1,900,000
17 Nov 2022
  • 17 Nov 2022
    Sold for $1,900,000
  • 20 Oct 2022
    Listed for Sale SOLD BY RAY!!
  • 23 Dec 1980
    Sold for $142,000
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About Nar Nar Goon 3812

The size of Nar Nar Goon is approximately 51.9 square kilometres. It has 2 parks covering nearly 0.2% of total area. The population of Nar Nar Goon in 2011 was 1,012 people. By 2016 the population was 1,007 showing a population decline of 0.5% in the area during that time. The predominant age group in Nar Nar Goon is 50-59 years. Households in Nar Nar Goon are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nar Nar Goon work in a trades occupation. In 2011, 80.7% of the homes in Nar Nar Goon were owner-occupied compared with 73.4% in 2016.

Nar Nar Goon has 741 properties. Over the last 5 years, Houses in Nar Nar Goon have seen a 54.92% increase in median value, while Units have seen a 25.66% increase. As at 30 September 2024:

  • The median value for Houses in Nar Nar Goon is $1,052,860 while the median value for Units is $511,625.
  • Houses have a median rent of $840.
There are currently 11 properties listed for sale, and no properties listed for rent in Nar nar goon on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Nar nar goon.

Suburb Insights for Nar Nar Goon 3812

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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.