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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 $720,000 and this has changed 3.59% over the past year and changed 3.59% over 2 years.

The median rent in Narre Warren for houses is $550 per week and the median rental yield is 3.97%. Stock on the market for houses/townhouses has changed -8.70% compared to last year and the average time to sell a house/townhouse is 63 days.The median listing price for units is $492,500 and this has changed 2.60% over the past year. The average unit takes 63 days to sell and the median rent for a unit in Narre Warren is $480 per week, producing a rental yield of 5.06%.

Supply & Demand in Narre Warren, Casey

0.99%

Current vacancy rate


108

Rental stock available


26,616

Population


23.00%

Rental population


0.98%

Current vacancy rate


1,389

Rental stock available


299,294

Population


19.66%

Rental population


0.94%

Current vacancy rate


29,256

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 $720,000 $600,000 $492,500
Median price change - last quarter 2.85% 0.00% 0.51%
Median price change - 1 year 3.59% -3.23% 2.60%
Median price change - 2 years 3.59% 0.84% 0.51%
  House Townhouses Units
Median weekly rent $550 $590 $480
Median yield % 3.97% 5.11% 5.06%
Median rent change - 1 year 14.58% 11.32% 14.28%
  House Units
Previous month sales 35 2
Stock on market previous month 105 14
Stock variance vs. last year -8.70% -6.67%
Average days on market 63 63

Narre Warren investment property listings

Showing 4 of 4 investment properties found in Narre Warren on realestateinvestar.com.au

11 Feldspar Ct, NARRE WARREN

$890,000

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VIC 3805


9 Wittenberg Ct, NARRE WARREN

$900,000

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VIC 3805


10 Birchfield Ct, NARRE WARREN

$950,000

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VIC 3805


11 Van Ct, NARRE WARREN

$800,000

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VIC 3805


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