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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 $695,000 and this has changed 0.00% over the past year and changed 0.72% over 2 years.

The median rent in Narre Warren for houses is $480 per week and the median rental yield is 3.59%. Stock on the market for houses/townhouses has changed 19.79% compared to last year and the average time to sell a house/townhouse is 64 days.The median listing price for units is $480,000 and this has changed -2.05% over the past year. The average unit takes 67 days to sell and the median rent for a unit in Narre Warren is $420 per week, producing a rental yield of 4.55%.

Supply & Demand in Narre Warren, Casey

0.67%

Current vacancy rate


73

Rental stock available


26,616

Population


23.00%

Rental population


0.71%

Current vacancy rate


975

Rental stock available


299,294

Population


19.66%

Rental population


0.87%

Current vacancy rate


26,641

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 $695,000 $620,000 $480,000
Median price change - last quarter 0.00% -0.80% 0.00%
Median price change - 1 year 0.00% 4.20% -2.05%
Median price change - 2 years 0.72% 10.71% 6.66%
  House Townhouses Units
Median weekly rent $480 $530 $420
Median yield % 3.59% 4.44% 4.55%
Median rent change - 1 year 12.94% 16.48% 10.52%
  House Units
Previous month sales 2 1
Stock on market previous month 115 15
Stock variance vs. last year 19.79% 36.36%
Average days on market 64 67

Narre Warren investment property listings

Showing 5 of 102 investment properties found in Narre Warren on realestateinvestar.com.au

20 Cottswold Ave, Narre Warren

$739,000

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Charming Family Home In Amazing Location

Located in a desirable neighbourhood, this spacious 3-bedroom, 2-bathroom residence offers a comfortable and inviting living environment. Recently refreshed with fresh paint, this home exudes a welcoming ambiance and a sense of contemporary style. As you step inside, you'll immediately notice the ...

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VIC 3805


48 Fleetwood Dr, Narre Warren

$750,000

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Charming Home in Narre Warren!

Nestled on a corner block within a prestigious pocket of Narre Warren, this beautifully presented 3-bedroom family residence boasts generous living spaces on a lush 650m2(Approx) allotment. Ideal for first-time homeowners or savvy investors, this property combines charm and potential, providing a ...

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VIC 3805


12 Woodley St, Narre Warren

$730,000

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Prime Development Opportunity Near Fountain Gate!!

With a huge 753m2 block, this property stands out as one of the few left in this street with this much potential and options. What you do with this property is limited by your imagination. This 3 bedrooms family home situated in the prime location of Narre Warren is suitable for Investors and ...

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VIC 3805


7 Strawbent Rise, Narre Warren

$675,000

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INVEST & DEVELOP IN ACTIVITY ZONE

An exemplary opportunity awaits for those looking to develop and maximise the potential of this 725sqm land allotment, centrally located in the GR2 Activity Zone. With high density options allowing you to build 4 to 5 townhouses (STCA), it presents many options for you to transform this into your ...

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VIC 3805


16 Leonie Ct, Narre Warren

$840,000

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Flawlessly Renovated Showstopper On 656sqm!

Showcasing a flawless renovation with bespoke craftmanship, this exquisite residence has been expertly updated and thoughtfully reconfigured, resulting in an unparalleled modern living experience. Presenting like a "brand new" home, all the hard work has been done, so lucky new owners can simply ...

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VIC 3805


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