$3.1 million property sale in North Narooma

A Paradise Point property has sold for an impressive $3.162 million to a Sydney family who had not heard of Narooma before.

Whale Coast Realty principal John Murray said the property, on the north shore of Wagonga Inlet, sold for much more than locals would have expected.

"A Sydney family looking to retire purchased the property," he said.

"They never knew of Narooma until they saw the property through our marketing.

"There was a lot of interest from Sydney, Melbourne and Canberra."

During the auction, Mr Murray said two bidders went head-to-head, driving the price up.

The four-bedroom home which sold for $3.162 million has water and countryside views. Image: Supplied.

The four-bedroom home which sold for $3.162 million has water and countryside views. Image: Supplied.

"The auction process made it work really well - there was a lot of outside area interest which has put Narooma on the map," he said.

The "completely private" four-bedroom home is on 81 acres overlooking Freshwater Bay. It has a private jetty and is surrounded by farm land.

The Paradise Point property is 10 minutes by car or boat to Narooma. Image: Google Maps.

The Paradise Point property is 10 minutes by car or boat to Narooma. Image: Google Maps.

In 2018, a Guerilla Bay home made the top-ten list of the South Coast's most expensive properties when it sold for $3.65 million.

In 2015, a Glasshouse Rocks property sold for a record $7.5 million to Sydney bar baron Justin Hemmes.

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