Narre Warren

Narre Warren is an idyllic suburb 40 minutes outside Melbourne, that has become famous for its family friendly lifestyle. In the last years, it has become a fast-growing suburb that attracts investors from all around the country, thanks to its safe neighbourhood and large houses.

Located 38 km southeast of Melbourne, and with a population of 25000, Narre Warren has evolved to a fast-growing suburb with contemporary houses and well-designed infrastructure, including a railway station for seamless transport. It’s strategically well located only 20 minutes from Frankston Beach, a few minutes from Berwick restaurants.The suburb is home to Westfield Fountain Gate; Australia's second largest shopping centre, which attracts visitors from the entire state

Median Sale Price
$625 k
Based on 364 recorded House sales within the last 12 month

Based on a rolling 12 month period and may differ from calendar year statistics

Suburb Growth
+16.0%
Current Median Price: $625000
Previous Median Price: $539000

Based on 845 recorded House sales compared over the last two rolling 12 month periods

Sales Statistics (Houses)

Demographics

1201 Single Parent Families 17%
117 Other Familes 2%
2116 Couples Without Children 29%
3777 Couples With Children 52%

Work

Thanks to its proximity to Melbourne, there are great possibilities to commute to Melbourne CB. The area also offers a wide range of job opportunities in local businesses and in the huge local shopping mall, Westfield Fountain Gate.

Household Income - Weekly

Employment

Method of Travel to Work (2016)

  • Train
    514(4)%
  • Bus
    103(1)%
  • ferry
    7(0)%
  • Tram( other light rail) ()%
  • Car
    ()%
  • Moterbike/Truck
    ()%
  • Bicycle
    12(0)%
  • Walked Only
    ()%
  • Other 51(0)%

Properties For Rent

34 VIMINI DRIVE

$375.00 per week

306m2

  • 3
  • 2
  • 2

11 TROUPS CREEK PROMENADE

$550

0m2

  • 4
  • 3
  • 2

4 GARNET CLOSE

$360 per week

650m2

  • 3
  • 1
  • 1

63 EMILY DRIVE

$370 per week

591m2

  • 3
  • 2
  • 2

36 VIMINI DRIVE

$420

308m2

  • 3
  • 2
  • 2

8 GUILDFORD CRESCENT

$360

415m2

  • 3
  • 1
  • 2

12 BADGER COURT

$405

534m2

  • 4
  • 2
  • 2

46 KENT ROAD

$370.00 Per Week

730m2

  • 3
  • 1
  • 4

10 WALTON COURT

$380.00

1157m2

  • 3
  • 1
  • 6

24 WESTLEIGH CRESCENT

$365 Per Week

654m2

  • 3
  • 1
  • 1

Median Weekly Rents

House

Suburb Sale Price Growth
16.0%
Current Median Price: $625,000 Previous Median Price: $539,000

Based on 845 recorded House sales compared over the last two rolling month periods

Suburb Rental Yield
3.1%
Current Median Price: $625,000 Current Median Rent: $375

Based on 542 recorded House sales compared over the last two rolling 12 month periods

Unit

Suburb Sale Price Growth
15.7%
Current Median Price: $421,000 Previous Median Price: $364,000

Based on 108 recorded House sales compared over the last two rolling 12 month periods

Suburb Rental Yield
4.0%
Current Median Price: $421,000 Current Median Rent: $320

Based on 110 recorded House sales compared over the last two rolling 12 month periods

Recently Sold Properties

2/5 PENTLAND DRIVE

*$510,000

320m2

  • 3
  • 1
  • 2

13 ST JAMES COURT

*$600,000

721m2

  • 3
  • 1
  • 2

40 EMILY DRIVE

*$625,000

625m2

  • 3
  • 2
  • 4

9 SANDALWOOD DRIVE

*$650,000

650m2

  • 4
  • 2
  • 2

59 LONDON CRESCENT

*$785,000

719m2

  • 4
  • 2
  • 2

46 KENT ROAD

*$680,000

730m2

  • 3
  • 1
  • 4

51 COACHWOOD CRESCENT

*$668,500

751m2

  • 4
  • 2
  • 2

25 COTTSWOLD AVENUE

*$585,000

699m2

  • 3
  • 2
  • 2

3 KENDALL DRIVE

*$620,000

698m2

  • 3
  • 2
  • 2

72 KENDALL DRIVE

*$730,000

667m2

  • 4
  • 2
  • 3