29/16 Mcmillan Road, Narooma, NSW 2546 | Property Value & History | OnTheHouse
OFF MARKET

29/16 Mcmillan Road
Narooma NSW 2546

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 29/16 Mcmillan Rd, Narooma

29/16 Mcmillan Rd, Narooma is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
1985
Local Government
Eurobodalla
Lot/Plan
29/SP22743

Last Listing description (December 2022)

Affordable Living with Growth Potential

Whether a first home, investment or for your retirement this delightful two-bedroom 1st floor apartment represents a great lifestyle or investment opportunity at an affordable price! Located in a tightly held, well-manicured complex close to all local amenities.

In original condition, this home offers the astute buyer the option to put your own personal stamp on it with plenty of growth potential.

Featuring a spacious lounge with a split system air conditioner, kitchen with an electric cooktop and plenty of bench space, and the main bathroom with laundry provisions and a separate WC. Plus built-in robes to both generous bedrooms.

An ideal holiday locale offering free Wi-Fi throughout, a brand new 11m x 4.5m swimming pool, tennis court, undercover free BBQ area, room to park the car and boat together - as well as wash them down, plus a children's playground, basketball hoop, and plenty of room to kick a football or play cricket.

Walk to restaurants, the Wagonga inlet that offers fishing and swimming, shops, sports club, and easy access along the boardwalk to the beach.

If your looking for a property that gives you the opportunity to make it your own with minimal work look no further, this unit has it all.

Strata approx. = $1,214.48 (Per 1/4)

Council rates approx. = $577.91 (Per 1/4)

Permanent Rental "as is"
$340 per week

Permanent Rental "renovated"
$400 per week

Holiday Letting/Airbnb Potential Returns

Peak
(Mid Dec to End January)
$250 per night (minimum 7 nights)

Easter Weekend
$250 per night (minimum 4 nights)

Off Peak
Winter Months
$95 per night (minimum 2 nights)

Shoulder
February-March & September-mid December
$110 per night (minimum 2 nights)

NSW School Holidays
April & October
$145 per night (minimum 3 nights)

Long Weekends
$145 per night (minimum 3 nights)

Property History for 29/16 Mcmillan Rd, Narooma, NSW 2546

A timeline of how this property has performed in the market
Last Sold
$379,000
14 Nov 2022
  • 08 Dec 2022
    Listed for Sale Not Disclosed
  • 14 Nov 2022
    Sold for $379,000
  • 14 Nov 2022
    Sold for $379,000
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About Narooma 2546

The size of Narooma is approximately 120.0 square kilometres. It has 11 parks covering nearly 69.2% of total area. The population of Narooma in 2016 was 2605 people. By 2021 the population was 2731 showing a population growth of 4.8% in the area during that time. The predominant age group in Narooma is 60-69 years. Households in Narooma are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narooma work in a trades occupation.In 2021, 72.00% of the homes in Narooma were owner-occupied compared with 69.10% in 2016.

Narooma has 2,518 properties. Over the last 5 years, Houses in Narooma have seen a 61.23% increase in median value, while Units have seen a 96.15% increase. As at 30 November 2025:

  • The median value for Houses in Narooma is $841,208 while the median value for Units is $599,955.
  • Houses have a median rent of $535 while Units have a median rent of $480.
There are currently 67 properties listed for sale, and 7 properties listed for rent in Narooma on OnTheHouse. According to Cotality's data, 72 properties were sold in the past 12 months in Narooma.

Suburb Insights for Narooma 2546

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.