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.

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Median data for December Quarter 2023. Click here for details.

Median Sale Price

$730k

Metro Melbourne

$909k

Quarterly Price Change

-1.4%

Metro Melbourne

-2.2%

Median Rent

$480

Metro Melbourne

$550

Rental Yield

3.4%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 77.8% 72.5%
Days on Market 33 40
Median price by Bedrooms Suburb Metro
2 Bedrooms $575,000 $920,000
3 Bedrooms $690,000 $815,000
4 Bedrooms $790,000 $970,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $420 $540
3 Bedrooms $460 $500
4 Bedrooms $550 $560

Median data for December Quarter 2023. Click here for details.

Median Sale Price

$540k

Metro Melbourne

$633k

Quarterly Price Change

-1.9%

Metro Melbourne

-0.1%

Median Rent

$430

Metro Melbourne

$500

Rental Yield

4.1%

Metro Melbourne

4.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 77.8% 72.5%
Days on Market 33 40
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $370,000
2 Bedrooms $502,000 $600,000
3 Bedrooms $592,250 $850,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $420
2 Bedrooms $405 $520
3 Bedrooms $480 $600

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