Lot 2 Bourke Rd, Nar Nar Goon, VIC 3812 | Property Value & History | OnTheHouse
OFF MARKET

Bourke Road
Nar Nar Goon VIC 3812

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 533579m2
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Last updated 23 Sep 2024
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Property Details for Lot 2 Bourke Rd, Nar Nar Goon

Building Type
Commercial
Land Size
533579m2
Local Government
Cardinia

Last Listing description (December 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 New Price $2,650,000
  • 13 Feb 2024
    Listed for Sale $2,950,000
  • 13 Nov 2022
    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 2016 was 1012 people. By 2021 the population was 1023 showing a population growth of 1.1% 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 managers occupation.In 2021, 73.00% of the homes in Nar Nar Goon were owner-occupied compared with 73.40% in 2016.

Nar Nar Goon has 1,348 properties. Over the last 5 years, Houses in Nar Nar Goon have seen a 31.77% increase in median value, while Units have seen a 16.70% increase. As at 31 December 2025:

  • The median value for Houses in Nar Nar Goon is $1,067,084 while the median value for Units is $505,198.
  • Houses have a median rent of $600.
There are currently 13 properties listed for sale, and no properties listed for rent in Nar nar goon on OnTheHouse. According to Cotality's data, 67 properties were sold in the past 12 months in Nar nar goon.

Suburb Insights for Nar Nar Goon 3812

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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.