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Investment Property Narre Warren, VIC, 3805

Suburb Snapshot

Narre Warren is a suburb in the Casey Region of Victoria. Narre Warren has a population of 26,616 people and 23.00% of its occupants live in rental accommodation. The median listing price for houses is $722,500 and this has changed 3.95% over the past year and changed 3.95% over 2 years.

The median rent in Narre Warren for houses is $550 per week and the median rental yield is 3.95%. Stock on the market for houses/townhouses has changed -8.47% compared to last year and the average time to sell a house/townhouse is 64 days.The median listing price for units is $495,000 and this has changed 3.12% over the past year. The average unit takes 60 days to sell and the median rent for a unit in Narre Warren is $480 per week, producing a rental yield of 5.04%.

Supply & Demand in Narre Warren, Casey

0.90%

Current vacancy rate


98

Rental stock available


26,616

Population


23.00%

Rental population


0.95%

Current vacancy rate


1,354

Rental stock available


299,294

Population


19.66%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Narre Warren, Casey

  House Townhouses Units
Median listing price $722,500 $600,000 $495,000
Median price change - last quarter 2.85% 0.00% 0.51%
Median price change - 1 year 3.95% -3.23% 3.12%
Median price change - 2 years 3.95% 0.67% 1.02%
  House Townhouses Units
Median weekly rent $550 $600 $480
Median yield % 3.95% 5.20% 5.04%
Median rent change - 1 year 12.24% 10.09% 11.62%
  House Units
Previous month sales 39 2
Stock on market previous month 108 18
Stock variance vs. last year -8.47% 28.57%
Average days on market 64 60

Narre Warren investment property listings

Showing 5 of 195 investment properties found in Narre Warren on realestateinvestar.com.au

6 Savile Pl, Narre Warren

$1,380,000

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A ONE-OF-A-KIND SHOWSTOPPER MOTIVATED SELLER!

A stunning fusion of modern design, craftsmanship and comfort, this like new architecturally designed 42Sq residence represents the pinnacle of contemporary family living in Narre Warren. Every element of this home has been designed with precision, care and an unwavering commitment to quality. ...

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VIC 3805


9 Parklea Cl, Narre Warren

$740,000

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Ideal for First Home Buyers, Families Looking to Upsize or Savvy

Positioned on a generous 652m² (approx.) allotment, this well-maintained residence offers a practical layout, comfortable living zones and plenty of space both inside and out, making it an ideal choice for first home buyers, families looking to upsize or savvy investors. The home comprises four ...

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House

VIC 3805


1/98 Sweeney Dr, Narre Warren

$699,000

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A Cozy Abode - Ready to be Your New Home

There's something special about a home that simply feels right the moment you step inside, and 1/98 Sweeney Drive is exactly that. Warm, welcoming, and wonderfully low-maintenance, this charming residence offers a relaxed lifestyle in a location that keeps everything within easy reach. This home ...

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VIC 3805


81 Norfolk Dr, Narre Warren

$729,000

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Vendor On The Move Need Quick Sale!

Set on 559m² (approx.), this solid brick home offers space, comfort, and exciting potential to add value. With the vendor upsizing and a recent price adjustment, this is a smart opportunity for buyers ready to act. Featuring 4 bedrooms, including a master with ensuite, multiple living areas, ...

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VIC 3805


135 Maramba Dr, Narre Warren

$780,000

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Spacious Family Living in a Prime Narre Warren Location

Sultani Real Estate proudly presents this well-positioned family home at 135 Maramba Drive, Narre Warren. This inviting residence offers comfortable and practical living, featuring generously sized bedrooms, a light-filled living area, a separate dining space, and a functional kitchen with quality ...

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VIC 3805


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