90 Olsen RoadNar Nar Goon North VIC 3812
Property Details for 90 Olsen Rd, Nar Nar Goon North
Last Listing description (August 2017)
Here's your chance to secure both an affordable and manageable sized acreage hobby farm, set amongst substantial sized rural properties with price tags to match.
The property comes with the original yet humble, 3 bedroom red cedar home with its meandering rooms all full of personality and charm. While it has received some modern updates many of the home's original features remain intact. Further value to the residence can be added by some updating or renovations. Alternatively, build a bold new residence at the top of the property, where panoramic views make it an ideal site.
This 6.9 acre farmlet, including an existing 79 year lease of 1.85 acres crown land for grazing, is an idyllic mix of cleared and green fertile pastures. Divided into three separate paddocks, with a dam to the rear, it allows sufficient space for horses, animals and livestock. There is also an abundance of mature fruit, citrus and nut trees, two 7,000 gallon water tanks, out buildings and shedding for animals, equipment and vehicles.
The property is currently leased by an excellent tenant until 22nd July 2017. There may be an opportunity for a further term with the tenant, if you wish to secure the property now and move in at a much later date.
Property History for 90 Olsen Rd, Nar Nar Goon North, VIC 3812
- 31 Jul 2017Listed for Sale $595,000 TO $654,000
- 26 Apr 2017Sold for $642,000
- 10 Feb 2017Listed for Sale $595,000 to $654,000 (under offer)
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About Nar Nar Goon North 3812
The size of Nar Nar Goon North is approximately 42.1 square kilometres. There are 5 parks, covering nearly 0.7% of the total area. The population of Nar Nar Goon North in 2016 was 727 people. By 2021 the population was 819 showing a population growth of 12.6% in the area during that time. The predominant age group in Nar Nar Goon North is 50-59 years. Households in Nar Nar Goon North are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Nar Nar Goon North work in a trades occupation.In 2021, 85.40% of the homes in Nar Nar Goon North were owner-occupied compared with 85.30% in 2016.
Nar Nar Goon North has 965 properties. Over the last 5 years, Houses in Nar Nar Goon North have seen a -48.56% decrease in median value. As at 30 June 2026:
- The median value for Houses in Nar Nar Goon North is $781,215 while the median value for Units is $1,060,031.
- Houses have a median rent of $580.
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