Market snapshot
Suburb insights for Narre Warren3805
Change suburbNarre 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.
Sales data
Median sale price
$742k
Quarterly price change
-1.3%
Metro Melbourne Comparison
$923k
2.7%
| Bedrooms | Narre Warren | Metro comparison |
|---|---|---|
| 2 | $565,000 | $881,200 |
| 3 | $710,000 | $810,000 |
| 4 | $820,000 | $942,350 |
| Insight | Narre Warren | Metro comparison |
|---|---|---|
| Clearance rate | 78.5% | |
| Days on market | 30 | 42 |
Rental data
Median weekly rent
$550
Rental yield
3.8%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Narre Warren | Metro comparison |
|---|---|---|
| 2 | - | $580 |
| 3 | $540 | $550 |
| 4 | $625 | $600 |
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