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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 $610,000 and this has changed 5.17% over the past year and changed 5.17% over 2 years.

The median rent in Narre Warren for houses is $380 per week and the median rental yield is 3.23%. Stock on the market for houses/townhouses has changed -31.53% compared to last year and the average time to sell a house/townhouse is 64 days.The median listing price for units is $400,000 and this has changed 0.00% over the past year. The average unit takes 133 days to sell and the median rent for a unit in Narre Warren is $350 per week, producing a rental yield of 4.55%.

Supply & Demand in Narre Warren, Casey

0.77%

Current vacancy rate


82

Rental stock available


26,616

Population


23.00%

Rental population


0.69%

Current vacancy rate


849

Rental stock available


299,294

Population


19.66%

Rental population


1.61%

Current vacancy rate


46,325

Rental stock available


5,926,624

Population


24.77%

Rental population


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

Statistical data for Narre Warren, Casey

  House Townhouses Units
Median listing price $610,000 $535,000 $400,000
Median price change - last quarter 0.16% -0.93% 0.00%
Median price change - 1 year 5.17% 0.94% 0.00%
Median price change -2 years 5.17% 0.94% 0.00%
  House Townhouses Units
Median weekly rent $380 $400 $350
Median yield % 3.23% 3.88% 4.55%
Median rent change - 1 year 1.33% 5.26% 4.47%
  House Units
Previous month sales 33 2
Stock on market previous month 139 11
Stock variance vs. last year -31.53% -42.11%
Average days on market 64 133

Narre Warren investment property listings

Showing 5 of 105 investment properties found in Narre Warren on realestateinvestar.com.au

46 Sweet Gum Ave, Narre Warren

$590,000

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Walk to Schools and Westfield

Set on a 654sqm2 this blue chip investment will attract a lot of attention from educated buyers. Situated in the heart of Narre Warren, just a short walk to Fountain Gate Primary & Secondary schools and Westfield Fountain Gate and the Monash Freeway and train station are only a couple of minutes ...

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VIC 3805


19 Avisha Way, Narre Warren

$550,000

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Low maintenance living in a prime location of Narre Warren!

Located in a prime Narre Warren position close to parks, sporting facilities, schools and retail centres sits this well presented low maintenance home that is ideal for the first home buyer or investor. Boasting 3 good sized bedrooms, master with built in robes and ensuite, while the remaining 2 ...

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VIC 3805


53 Bunbury Ave, Narre Warren

$795,000

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At The Encompassing Of Narre Warren!

The location the family has been craving for! This fantastic double story home is sitting a large elevated approx. 656sq block; this incredible residence is set to wow all your friends and family at your house warming, with its updated modern appointments, functional family layout and inviting ...

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VIC 3805


24 Tinks Rd, Narre Warren

$640,000

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Developers or Investors Alert!

Conveniently located walking distance to Fountain Gate shopping centre, Fountain Gate secondary school and Fountain Gate Primary school, short drive to Narre Warren Train station, M1 Freeway access and Princes Highway access this neat spacious home is perfect for first home buyers, investors or ...

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VIC 3805


23 Springfield Dr, Narre Warren

$800,000

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845 m2 of Prime Land sitting on an elevated block

Spacious, comfortable and well presented, this renovated move-in ready home is perfect for a growing family with its four bedrooms, renovated bathroom. Located in a popular pocket of Narre Warren, with first-class amenities within a five-minute radius, 23 Springfield Drive ticks every single box. ...

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VIC 3805


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