Narre Warren South, VIC 3805
Compare Part of Casey
39.43 km
Distance from Melbourne CBD
37 k
Population
Auction Times
Sat 27 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 48 Bonette Circuit 0 0 0 Residential land | 3:30 PM Sat 27th Apr | Eview Real Estate Partners |
Sat 4 May | Auction Time | Agency | |
|---|---|---|---|
 | 8 Cremona Place 0 0 0 Residential land | 11:00 AM Sat 4th May | Harcourts |
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $366,500 | 0.0% | $190,000 | $1,000,000 | 491 |
| 2010 | $420,000 | +12.7% | $290,000 | $2,147,483,647 | 452 |
| 2011 | $412,000 | -1.9% | $282,000 | $1,500,000 | 361 |
| 2012 | $405,000 | -1.7% | $282,000 | $1,625,000 | 392 |
| 2013 | $420,002 | +3.6% | $187,000 | $900,000 | 483 |
| 2014 | $445,000 | +5.6% | $280,000 | $4,710,000 | 482 |
| 2015 | $486,000 | +8.4% | $310,000 | $1,098,888 | 425 |
| 2016 | $540,000 | +10.0% | $335,500 | $1,500,000 | 434 |
| 2017 | $630,000 | +14.3% | $315,000 | $1,721,000 | 451 |
| 2018 | $645,000 | +2.3% | $340,000 | $1,575,000 | 348 |
| 2019 | $635,000 | -1.6% | $430,000 | $2,650,000 | 349 |
| 2020 | $660,000 | +3.8% | $455,000 | $1,850,000 | 304 |
| 2021 | $752,000 | +12.2% | $483,000 | $2,740,000 | 491 |
| 2022 | $810,000 | +7.2% | $602,000 | $2,650,000 | 364 |
| 2023 | $825,000 | +1.8% | $535,000 | $2,400,000 | 323 |
| 2024 | $815,000 | -1.2% | $590,000 | $2,200,000 | 116 |
Median Sale Price
$830K
Based on 334 recorded sales within the last 12 months
Updated on 25 Apr 2024
Suburb Growth
+3.0%
Current Median Price: $830,000
Previous Median Price: $805,000
Based on 676 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $370 | 0.0% | $280 | $550 | 224 |
| 2012 | $370 | 0.0% | $230 | $750 | 246 |
| 2013 | $370 | 0.0% | $280 | $1,516 | 252 |
| 2014 | $390 | +5.1% | $260 | $1,690 | 314 |
| 2015 | $380 | -2.6% | $295 | $950 | 333 |
| 2016 | $400 | +5.0% | $280 | $1,477 | 312 |
| 2017 | $410 | +2.4% | $250 | $750 | 343 |
| 2018 | $410 | 0.0% | $305 | $800 | 344 |
| 2019 | $420 | +2.4% | $185 | $1,500 | 354 |
| 2020 | $430 | +2.3% | $170 | $1,050 | 190 |
| 2021 | $440 | +2.3% | $270 | $950 | 263 |
| 2022 | $480 | +8.3% | $360 | $2,498 | 266 |
| 2023 | $550 | +12.7% | $395 | $2,080 | 218 |
| 2024 | $570 | +3.5% | $460 | $1,100 | 55 |
Median Rent Price
$570
per week
Based on 208 recorded rent within the last 12 months
Updated on 25 Apr 2024
Rent Price Growth
+12.3%
Current Median Rent: $570
Previous Median Rent: $500
Based on 465 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.6%
Current Median Price: $830,000
Current Median rent: $570
Based on 542 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Narre Warren South
Houses sold in Last 12 months ends 20 Apr 2024
$870K
Median Sale Price
85%
Clearance Rate
39/46
Sold/Reported
$1.48M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.4 M - $1.6 M | 1 | |
| $1.2 M - $1.4 M | 3 | |
| $1 M - $1.2 M | 3 | |
| $800 K - $1 M (Median Price Range) | 16 | |
| $600 K - $800 K | 13 | |
Similar Suburbs to Narre Warren South 3805
Based on median house sale price sold in last 12 months
Schools closest to Narre Warren South, VIC 3805
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Narre Warren South P-12 College | AMBERLY PARK DRIVENarre Warren 3805 | Combined | Government | 0.14 km |
| Waverley Christian CollegeTop 100 | Narre Warren South 3805 | Combined | Independent | 0.16 km |
| Trinity Catholic Primary School | OAKGROVE DRIVENARRE WARREN SOUTH 3805 | Primary | Catholic | 0.54 km |
| Strathaird Primary School | 20 SHERWOOD ROADNarre Warren South 3805 | Primary | Government | 1.68 km |
| Hillsmeade Primary School | 82S THE PROMENADENarre Warren South 3805 | Primary | Government | 1.92 km |
| Heritage College | 333 CENTRE ROADNarre Warren South 3805 | Combined | Independent | 1.62 km |
| Heritage College Officer Campus | Officer 3809 | Combined | Independent | 1.72 km |
| Fleetwood Primary School | 97 FLEETWOOD DRIVENarre Warren 3805 | Primary | Government | 2 km |
| Kilberry Valley Primary School | KILBERRY BOULEVARDHampton Park 3976 | Primary | Government | 2.5 km |