OFF MARKET

Bourke Road
Nar Nar Goon VIC 3812

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 533579m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 23 Sep 2024
Low

High
Save

Property Details for Lot 2 Bourke Rd, Nar Nar Goon

Building Type
Commercial
Land Size
533579m2
Local Government
Cardinia

Last Listing description (September 2024)

Lot 2 Bourke Road. Land bank property in strategic location, only five minutes off the freeway and close to Pakenham. With easy commuting distance to SOUTHSIDE RACING at Pakenham and Cranbourne, this sizeable vacant parcel of fertile grazing country at Nar Nar Goon, represents sound value with an opportunity to custom design and construct an equine property and or compliment it with livestock activity.
Bourke Road is a relatively quiet road and only an hours' drive from Melbourne and close to the UGB of Pakenham.
On offer is:

- 53.36 hectares or 131.8 acres excellent pastures, quiet road location,
- ideal location for an equine/ thoroughbred complex close to Pakenham race track,
- approximately three kms. south of Nar Nar Goon, five minutes to M1 and Pakenham,
- fertile grazing country, currently running beef breeders, easy transport access,
- mains water available, bore with electric pump, three phase power accessible,
- blank canvas to design and construct buildings and home from scratch, STCA,
- landbank opportunity for investors with a long term lease back option.

For further information please contact: Ray Cullen on 0429 977 313
Ben Rose on 0418 836 773

Property History for Lot 2 Bourke Rd, Nar Nar Goon, VIC 3812

A timeline of how this property has performed in the market
  • 20 Aug 2024
    Listed for Sale Not Disclosed
  • 13 Feb 2024
    Listed for Sale $2,950,000
  • 13 Nov 2022
    Listed for Sale Contact Agent
Sign in to see more transactions

Commute Calculator

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 740 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 9 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

Market Insights
Nar Nar Goon Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Nar Nar Goon Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.