OFF MARKET

50 Browning Road
Nar Nar Goon VIC 3812

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 189m2
Land area: 40469m2
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Property Details for 50 Browning Rd, Nar Nar Goon

Building Type
Commercial
Year Built
1950
Floor Size
189m2
Land Size
40469m2
Local Government
Cardinia
Lot/Plan
1/TP676017

Last Listing description (November 2023)

Site Area: 10 Acres* | 4.04 Hectares* | 40468.6 M2*
Zoning: GWZ Schedule 1
Local Government: Cardinia Shire Council


Location:
+ Walking distance from main street coffee shops and local shops

+ 700 meters* from the train station, short drive from M1 access to Melbourne CBD and a short drive from Pakenham infrastructure


Key Attributes:

+ Site comes with a 4 Bedroom renovated dwelling for vacant possession

+ Town water & Gas connected

+ Strategic offering opposite residential zone (NRZ)

+ Major land estates now developing in close Pakenham East PSP

+ Surrounding land held by the land developers

+ The median property price for a house is currently $962,500 with an annual capital growth of 40.46^

+ Houses have seen 4.62% growth in the past quarter, and 40.46% growth in the past 12 months^


*All measurements of area, size and distance are approximate only
^ REA and Corelogic

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Property History for 50 Browning Rd, Nar Nar Goon, VIC 3812

A timeline of how this property has performed in the market
Last Sold
$674,000
31 May 2014
Listed for Rent
$575/w
30 Sep 2014
  • 21 Nov 2023
    Listed for Sale Contact Agent
  • 04 Jul 2014
    Listed for Rent $575 / week
  • 31 May 2014
    Sold for $674,000
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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.

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