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
$615 k
Based on 369 recorded House sales within the last 12 month

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

Suburb Growth
+20.6%
Current Median Price: $615000
Previous Median Price: $510000

Based on 836 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

2/4 SHRIVES ROAD

$290.00

141m2

  • 2
  • 1
  • 1

5 BOSTON COURT

$420

554m2

  • 4
  • 2
  • 2

6 VEGAS COURT

$395

648m2

  • 3
  • 2
  • 2

34 BLACKWOOD DRIVE

$350

168m2

  • 3
  • 1
  • 2

22 WARREN CLOSE

$310.00

327m2

  • 2
  • 1
  • 2

27 COTTSWOLD AVENUE

$400

627m2

  • 4
  • 2
  • 1

34 RAVENSTHORPE CRESCENT

$350 per week

625m2

  • 3
  • 1
  • 2

42 CAULFIELD COURT

$420 per week

569m2

  • 4
  • 2
  • 3

1/40 PLAYER DRIVE

$380

214m2

  • 3
  • 2
  • 1

15 SEATTLE SQUARE

$350

396m2

  • 2
  • 1
  • 1

Median Weekly Rents

House

Suburb Sale Price Growth
20.6%
Current Median Price: $615,000 Previous Median Price: $510,000

Based on 836 recorded House sales compared over the last two rolling month periods

Suburb Rental Yield
3.1%
Current Median Price: $615,000 Current Median Rent: $370

Based on 501 recorded House sales compared over the last two rolling 12 month periods

Unit

Suburb Sale Price Growth
14.3%
Current Median Price: $400,000 Previous Median Price: $350,000

Based on 104 recorded House sales compared over the last two rolling 12 month periods

Suburb Rental Yield
4.2%
Current Median Price: $400,000 Current Median Rent: $320

Based on 101 recorded House sales compared over the last two rolling 12 month periods

Recently Sold Properties

6 CHATEAU AVENUE

*$606,000

656m2

  • 3
  • 2
  • 1

74 ELSTAR ROAD

*$620,000

524m2

  • 4
  • 2
  • 4

9 TRENTWOOD ROAD

*$618,000

654m2

  • 4
  • 2
  • 2

18 AMBER CRESCENT

*$670,000

656m2

  • 4
  • 2
  • 2

9 MADISON AVENUE

*$625,000

536m2

  • 4
  • 2
  • 2

4 BRIAR CLOSE

*$567,000

600m2

  • 4
  • 1
  • 1

16 EMILY DRIVE

*$640,000

604m2

  • 4
  • 2
  • 2

1/5 LINLITHGOW COURT

*$433,000

245m2

  • 2
  • 1
  • 2

95 ANACONDA ROAD

*$670,000

782m2

  • 3
  • 2
  • 1

16 IRELAND AVENUE

*$638,000

651m2

  • 3
  • 2
  • 4