450 Seven Mile RoadNar Nar Goon VIC 3812
Property Details for 450 Seven Mile Rd, Nar Nar Goon
Last Listing description (November 2022)
Key features of the property include:
- 750 metres to established residential
- Over 1 km of sealed road frontage
- Fully fenced, operational cattle farm with ramp and crush
- 5 minutes to Pakenham, 30 minutes to Dandenong, 25 minutes to Cranbourne
Right on the door step of the ever growing Cardinia Shire and Casey Municipality, it's only a matter of time before you can reap the rewards of this outstanding opportunity.
Casey is one of the fastest developing growth areas and by 2031 Casey is expected to accommodate around 403,314 people. Cardinia is currently growing by an average of five families a day and will house a total of 157,035 people and provide between 100,000 and 140,000 jobs.
The growth area has the added benefit of development opportunities around two electrified railway lines, as well as the Monash/Princes and South Gippsland Freeways, connecting Casey to Gippsland, Phillip Island, the Mornington Peninsula and greater Melbourne.
Call to arrange inspection:
Anand Jain: 0421406206.
DISCLAIMER: Whilst every care has been taken to supply accurate information our company cannot be held responsible for any incorrect information. It is recommended you satisfy yourself on the accuracy of the content and make your investigations
Property History for 450 Seven Mile Rd, Nar Nar Goon, VIC 3812
- 05 Jul 2021Sold for $5,150,000
- 08 Feb 2021Listed for Sale Price on Application
- 03 Feb 2021Sold for $2,750,000
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0About 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 42.56% increase in median value, while Units have seen a 26.42% increase. As at 31 October 2024:
- The median value for Houses in Nar Nar Goon is $1,051,995 while the median value for Units is $515,811.
- Houses have a median rent of $840.
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