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 June 2018 Quarter. Click here for details.

Median Sale Price

$641k

Metro Melbourne

$840k

Quarterly Price Change

-0.4%

Metro Melbourne

-0.6%

Median Rent

$380

Metro Melbourne

$440

Rental Yield

3.1%

Metro Melbourne

2.8%

Detailed statistics below to be updated soon for the June 2018 quarter.

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 60.5%
Days on Market 21 35
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $900,000
3 Bedrooms $600,000 $740,000
4 Bedrooms $647,000 $865,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $451
3 Bedrooms $360 $410
4 Bedrooms $420 $465

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

Median Sale Price

$516k

Metro Melbourne

$595k

Annual Price Change

30.5%

Metro Melbourne

4.2%

Median Rent

$318

Metro Melbourne

$420

Rental Yield

3.2%

Metro Melbourne

3.7%

Detailed statistics below to be updated soon for the June 2018 quarter.

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 60.5%
Days on Market 21 35
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $375,000
2 Bedrooms $416,500 $570,000
3 Bedrooms $525,000 $765,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $250 $360
2 Bedrooms $318 $430
3 Bedrooms $335 $510

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