OFF MARKET

90 Mount Ararat South Road
Nar Nar Goon VIC 3812

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 282067m2
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Property Details for 90 Mount Ararat South Rd, Nar Nar Goon

Building Type
Land
Land Size
282067m2
Local Government
Cardinia
Lot/Plan
1/PS544521

Last Listing description (June 2019)

For Sale via Expressions of Interest closing at 12 noon on Wednesday 8th May 2019.

Cushman & Wakefield is pleased to present for sale this rare opportunity to secure substantial residential land parcel in the South-East Suburbs of Melbourne.


Key Property Features
Potential for up to 492 lots / dwellings (STCA)
Prime Residential Site
Land area: 28.33 Ha*
Net Developable Area: 24.88 Ha*
Within the Pakenham East PSP
Extensive frontage to Mount Ararat South Road
Immediate access to Princes Highway
Close to Pakenham Train Station
Exceptional development potential (STCA)
Access to Pakenham Race Club and Golf Course

*approx.

For further information, please contact the exclusive sales agents.

Property History for 90 Mount Ararat South Rd, Nar Nar Goon, VIC 3812

A timeline of how this property has performed in the market
Last Sold
$48,500,000
10 Sep 2021
  • 10 Sep 2021
    Sold for $48,500,000
  • 28 Mar 2019
    Listed for Sale Contact Agent

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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 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.
There are currently 10 properties listed for sale, and no properties listed for rent in Nar nar goon on OnTheHouse. According to CoreLogic's data, 10 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.