OFF MARKET

500 Seven Mile Road
Nar Nar Goon VIC 3812

Bedrooms: 3
Bathrooms: 1
Car spaces: 7
Land area: 526146m2
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Property Details for 500 Seven Mile Rd, Nar Nar Goon

500 Seven Mile Rd, Nar Nar Goon is a 3 bedroom, 1 bathroom House with 7 parking spaces. The property has a land size of 526146m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Land Size
526146m2
Local Government
Cardinia
Lot/Plan
34~H/PP2920

Last Listing description (November 2022)

Key features of the property include:
- Under 5 minute drive to both Pakenham and Nar Nar Goon M1 ramp
- 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 Anand Jain to arrange an inspection on 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 500 Seven Mile Rd, Nar Nar Goon, VIC 3812

A timeline of how this property has performed in the market
Last Sold
$4,700,000
05 Jul 2021
Listed for Rent
$400/w
21 Mar 2022
  • 07 Mar 2022
    Listed for Rent $400 / week
  • 05 Jul 2021
    Sold for $4,700,000
  • 08 Feb 2021
    Listed for Sale Price on Application
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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 739 properties. Over the last 5 years, Houses in Nar Nar Goon have seen a 67.97% increase in median value, while Units have seen a 29.52% increase. As at 31 July 2024:

  • The median value for Houses in Nar Nar Goon is $1,092,009 while the median value for Units is $525,299.
  • Houses have a median rent of $700.
There are currently 12 properties listed for sale, and no properties listed for rent in Nar nar goon on OnTheHouse. According to CoreLogic's data, 14 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.