Lot 152 - Kala Estate - Nar Nar Goon
Nar Nar Goon, Gippsland, VIC, 3812$ 686,300
Overview
Property ID: LA-9909
- House and Land
- Property Type
- 4
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 174
Details
Updated on Jan 17, 2025 at 01:01 pm
Property Type: | House and Land |
---|---|
Price: | $ 686,300 |
Land Price: | $ 336,000 |
Build Price: | $ 350,300 |
Gross Per Week: | $ 600 |
Gross Per Annum: | $ 31,200 |
Gross Yield: | 4.55% |
Capital Growth 12 Months: | -1.27% |
Capital Growth 10 Year Annualised: | 5.77% |
Vacancy Rate: | 7.76% |
Property Size: | 174 m2 |
Land Area: | 294 m2 |
---|---|
Bedrooms: | 4 |
Bathrooms: | 2 |
Parking: | 2 |
Title Status: | Q3 2025 |
Property ID: | 9909 |
SKU: | 1001 |
Description
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*
Nar Nar Goon is a small town located in Gippsland, Victoria, approximately 61 kilometers southeast of Melbourne's Central Business District. As of the 2021 census, it has a population of 1,023 residents. The town is renowned for its rich history and distinctive murals adorning several historic buildings, reflecting its cultural heritage.
In terms of local amenities, Nar Nar Goon offers essential services catering to its residents. The town features a general store, a post office, and a community center that hosts various local events and activities. Additionally, the town has a Country Fire Authority (CFA) fire station and a scout hall, contributing to community engagement and safety. For dining and socializing, there is a local hotel that serves as a gathering spot for residents. The town also boasts the Light Horse & Field Artillery Museum, which attracts visitors interested in military history.
While Nar Nar Goon has a limited number of shops, residents can access a wider range of shopping options in nearby towns. The neighboring suburb of Pakenham, for instance, offers more extensive retail facilities, including supermarkets and specialty stores.
Educational needs in Nar Nar Goon are served by both public and private institutions. The town has a public primary school and a private school offering primary education. Additionally, Chairo Christian School provides both primary and secondary education, catering to families seeking faith-based schooling options.
Transportation is facilitated by the town's railway station on the Gippsland line, providing residents with access to Melbourne and other regional centers. This connectivity is particularly beneficial for commuters and those seeking the amenities of larger urban areas. The town's location near major roads also ensures convenient travel by car to surrounding regions.
Disclaimer*
Reservation Requirements:
1. Completed EOI (Property Reservation form under Fusion CRM Online Forms)
2. Holding deposit receipt :(amount TBA)
3. Copy of client's finance pre-approval letter/comfort letter from the broker
4. Copy of client's ID
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.