Profile for Narre Warren

3805

Narre Warren is located 38 km south-east of the CBD. Narre Warren has been one of the fastest growing new suburbs in Melbourne over the last twenty years. It has also been one of the major areas of new residential development in the south-east growth corridor. The City of Casey council offices are located in Narre Warren next to the Fountain Gate Shopping Centre.

Median data for December 2018 Quarter. Click here for details.

Median Sale Price

$592k

Metro Melbourne

$797k

Quarterly Price Change

-4.9%

Metro Melbourne

-3.7%

Median Rent

$370

Metro Melbourne

$450

Rental Yield

3%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 45.1%
Days on Market 27 42
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $870,000
3 Bedrooms $610,000 $733,000
4 Bedrooms $668,500 $878,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $490
3 Bedrooms $370 $420
4 Bedrooms $405 $480

Median data for December 2018 Quarter. Click here for details.

Median Sale Price

$450k

Metro Melbourne

$597k

Annual Price Change

-10.1%

Metro Melbourne

1.8%

Median Rent

$320

Metro Melbourne

$420

Rental Yield

3.7%

Metro Melbourne

3.7%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 45.1%
Days on Market 27 42
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $370,000
2 Bedrooms n/a $571,000
3 Bedrooms n/a $765,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $370
2 Bedrooms $320 $440
3 Bedrooms n/a $521

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