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NSW › Narooma › Payne St

U69, 11 Payne St, Narooma NSW 2546

For saleVilla

$699,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

140 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $699,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $699,000(Listing record · 14 July 2026)
  • CalculationAsk is 21% below 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 3.33% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$699,000

Asking · $4,993/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

-20.8%

Median sale

Suburb $882,500

+0.69 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

Purchase Price
$699,000
Stamp Duty (New South Wales)
$25,867
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
$728,734

$29,734 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

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

Net yield
1.83%
Annual cashflow (pre-tax)
$-23,537
Interest cover (DSCR)
0.35
Annual rent
$23,296
Operating expenses
$10,485
Loan amount
$559,200
Annual interest
$36,348
Gross yield
3.33%

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$699,000available13 July 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 3.3%. 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 Payne St →

Listing material

Listed by @realty

Coastal Villa Haven: 3BR Sanctuary in Narooma

Step into coastal comfort with this 3-bedroom, 2-bathroom villa.

This home combines comfort with practical design, featuring built-in wardrobes, split-system air conditioning, and a convenient workshop/office space within the established Parklands complex.

This layout maximises the living space with the master suite including ensuite and built-in storage solutions throughout all rooms.

Read the full description

The kitchen comes complete with dishwasher and induction cooktop and is a nice space to be in.

Outside is a fully fenced yard complemented by a large sunroom , perfect to just relax in.

The remote-controlled double garage provides secure parking and storage, while eco-conscious buyers will love the solar panel installation.

Narooma's charm lies in its perfect blend of natural wonders and modern conveniences.

• Renowned Narooma Golf Course - rated among Australia's top 50 public access courses

• Multiple pristine beaches including Narooma Beach, Dalmeny Beach, and Bar Beach

• Mountain biking trails and outdoor adventure opportunities

• Excellent local schools and childcare facilities

* Boasting a strong arts community

• Direct access to Princes Highway for convenient travel

• Close to quality educational facilities and childcare centres

• Walking distance to local shops, cafes, and marina facilities

• Easy access to medical services and community amenities and the new Regional Hospital only thirty minutes drive.

The location provides exceptional connectivity with the Princes Highway running directly through town, offering easy access to larger centres while maintaining that coveted small-town feel. Local amenities include quality schools, medical facilities, and a variety of dining options celebrating the region's famous fresh seafood and oyster industry.

Adventure seekers will relish the proximity to Gulaga (Mount Dromedary) with its eight distinct rainforest types and significant indigenous cultural sites. The area's diverse recreational opportunities span from chartered tours to Montague Island for whale watching and lighthouse visits, to exploring the heritage township of Central Tilba with its historic gold mining legacy.

• Direct access to Princes Highway for convenient travel

• Close to quality educational facilities and childcare centres

• Walking distance to local shops, cafes, and marina facilities

• Easy access to medical services and community amenities

This villa represents an exceptional opportunity to embrace the relaxed coastal lifestyle that Narooma is famous for, where every day feels like a holiday surrounded by some of Australia's most spectacular natural beauty. Whether you're seeking a permanent residence, holiday retreat, or investment opportunity, this property offers the perfect foundation for coastal living at its finest..

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.

Contact Agent Peter Smyth 0410444443

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

Property features

  • Dishwasher
  • Fully Fenced
  • Outdoor Entertaining
  • Remote Garage
  • Solar Panels
  • Workshop
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.