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NSW › Narooma › Princes Hwy

176 Princes Hwy, Narooma NSW 2546

For saleHouse for Sale

$899,000–$988,000

For sale

Asking range

3

Bedrooms

1

Bathrooms

4

Car spaces

1,290 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $899,000–$988,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $899,000–$988,000(Listing record · 29 Apr 2026)
  • CalculationLand 1,290 m² against a 150 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 2% above the Narooma median recorded sale ($882,500, n=16, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Narooma's advertised median rent ($448/wk), implied gross yield would be 2.59% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$899,000–$988,000

Asking range · $697/m² of land

No recorded sale for this property.

Narooma at a glance

2,805

People

$882,500

Median sale

$448/wk

Median rent

2.64%

Suburb gross yield

Median sale from 16 recorded sales (last 12 months) — a Districts calculation.

See the full Narooma report →

Vs Narooma

+1.9%

Median sale

Suburb $882,500

-0.05 pp

Gross yield

Suburb 2.64%

Suburb median $882,500 from 16 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$899,000
Stamp Duty (New South Wales)
$34,867
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$937,734

$38,734 on top of the price (4.3% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Narooma's advertised median rent — not a rent for this listing.

Net yield
1.09%
Annual cashflow (pre-tax)
$-36,937
Interest cover (DSCR)
0.21
Annual rent
$23,296
Operating expenses
$13,485
Loan amount
$719,200
Annual interest
$46,748
Gross yield
2.59%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$899,000–$988,000available28 Apr 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $448/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Narooma in one glance

Narooma at a glance

2,805

People

$882,500

Median sale

$448/wk

Median rent

2.64%

Suburb gross yield

Median sale from 16 recorded sales (last 12 months) — a Districts calculation.

See the full Narooma report →

Keep researching

  • Why Narooma? Read the area thesis →
  • What else is on the market in Narooma →
  • Other records on Princes Hwy →

Listing material

Listed by @realty

Character Home Stunning Views

Welcome to 176 Princes Highway, Narooma — where lifestyle, location, and coastal charm come together in perfect harmony.

This beautifully presented three-bedroom home offers the rare convenience of being close to the beach and shops while still capturing amazing views to Gulagar mountain and Forsters Bay

From the moment you step inside, you’re welcomed by warmth and character. Polished timber floorboards flow throughout the living spaces, complemented by feature cornices and elegant French doors that add a timeless touch. The spacious lounge provides the perfect setting for family living, while reverse cycle air conditioning ensures year-round comfort.

Read the full description

A large rear yard benefits from water tanks totalling 2500 litres ,perfect for gardening or washing the car.

Within the home the layout is both practical and inviting, with two generous bedrooms .The third bedroom can easily be an office/workout room. Step outside and you’ll discover what truly sets this property apart. The sun-drenched rear deck capturing sweeping water views and mountain views, ideal for morning coffees, relaxed afternoons, or entertaining with friends as sea breezes roll in.

Set on an expansive 1,290 sqm fully fenced block, the outdoor space offers privacy, versatility, and room to move. There’s ample infrastructure for tradies, hobbyists, or growing families, including a large garage, additional shedding, and multiple storage options , making it as functional as it is appealing. This block is sub divisible STCA and a must for developers to view .

But what truly elevates this property is its location within the incredible coastal town of Narooma.

Here, your lifestyle extends far beyond your front door. Spend your mornings teeing off at the renowned Narooma Golf Club, widely regarded as one of Australia’s most scenic coastal courses. Enjoy afternoons exploring pristine beaches like Bar Beach and Dalmeny Beach, or take in the breathtaking views out to Montague Island, famous for its wildlife and natural beauty.

On weekends, wander along the iconic Australia Rock, enjoy fresh local seafood, or take a short drive to the historic village of Central Tilba, rich in heritage and charm. For the active lifestyle, the region also offers excellent fishing, boating, and mountain biking trails , all close by. The Narooma main surfing beach is only 1.5kms away and an easy walk.

Whether you’re searching for a permanent residence, a coastal escape, or an investment in a tightly held market, 176 Princes Highway delivers on space, lifestyle, and opportunity.

This is more than just a home — it’s your chance to embrace the very best of coastal living, where every day feels like a holiday.

Don’t miss this opportunity to secure your place in one of the South Coast’s most sought-after destinations.

Call Agents

Peter Smyth. 0410444443

Mandy Mitchell 0426063495

Disclaimer: While every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must satisfy themselves by inspection or otherwise. Although high standards have been used in preparing this document, no legal responsibility can be accepted for any loss or damage resulting from the content or use of this information. Any photographs show only certain parts of the property as they appeared when taken. Areas, amounts, measurements, distances, and all other numerical information are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take necessary action to satisfy themselves with any pertinent matters.

Listing description written by Peter Smyth, @realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Deck
  • Fully Fenced
  • Outdoor Entertaining
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.