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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 2 of 2 investment properties found in Narre Warren on realestateinvestar.com.au

1/62 Lantana Dr, Narre Warren

$570,000

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No Body Corporate and Ready to Move In!

Welcome to the perfect option that ticks all the boxes and located close to everything you need! First home buyers, investors and downsizers will be delighted with this brilliant property. This property has no body corporate fees and boasts beautiful gardens with street frontage. The open layout ...

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VIC 3805


25 Gordonia Cres, Narre Warren

$800,000

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Perfectly Located Home Featuring Huge Backyard, Pull-Through Acc

Tucked away in a quiet street within the popular Oatlands Estate, this beautifully refreshed home delivers space, comfort and flexibility for families, first-home buyers or investors alike. Upon entry, the home opens into the first living area and adjoining dining space, creating a welcoming ...

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VIC 3805


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