Auction Times
Sat 27 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 23 Bunbury Avenue 5 2 2 House | 1:30 PM Sat 27th Apr | O'Brien Real Estate |
Sat 4 May | Auction Time | Agency | |
|---|---|---|---|
 | 12 Tully Crescent 4 2 2 Townhouse | 1:30 PM Sat 4th May | Harcourts Dandenong |
 | 13 Woodlands Crescent 0 0 0 Residential land | 4:00 PM Sat 4th May | LJ Hooker |
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 | $327,000 | 0.0% | $27,400 | $775,000 | 386 |
| 2010 | $375,000 | +12.8% | $253,500 | $2,147,483,647 | 440 |
| 2011 | $370,000 | -1.4% | $240,000 | $801,000 | 359 |
| 2012 | $360,000 | -2.8% | $230,000 | $850,000 | 331 |
| 2013 | $375,000 | +4.0% | $40,700 | $950,000 | 382 |
| 2014 | $390,000 | +3.8% | $250,000 | $4,710,000 | 397 |
| 2015 | $435,000 | +10.3% | $47,000 | $1,620,000 | 377 |
| 2016 | $490,000 | +11.2% | $288,000 | $1,200,250 | 407 |
| 2017 | $600,100 | +18.3% | $315,000 | $3,440,000 | 458 |
| 2018 | $620,000 | +3.2% | $220,000 | $1,500,000 | 315 |
| 2019 | $585,900 | -5.8% | $348,979 | $1,800,000 | 320 |
| 2020 | $615,000 | +4.7% | $365,000 | $1,650,000 | 278 |
| 2021 | $707,500 | +13.1% | $420,500 | $1,750,000 | 441 |
| 2022 | $747,000 | +5.3% | $320,000 | $1,440,000 | 334 |
| 2023 | $727,000 | -2.8% | $355,000 | $1,355,000 | 311 |
| 2024 | $750,000 | +3.1% | $500,000 | $1,230,000 | 101 |
Median Sale Price
$740K
Based on 340 recorded sales within the last 12 months
Updated on 23 Apr 2024
Suburb Growth
+2.6%
Current Median Price: $740,000
Previous Median Price: $721,000
Based on 642 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 | $330 | 0.0% | $240 | $485 | 347 |
| 2012 | $330 | 0.0% | $250 | $590 | 394 |
| 2013 | $340 | +2.9% | $175 | $1,538 | 352 |
| 2014 | $350 | +2.9% | $275 | $392,000 | 426 |
| 2015 | $350 | 0.0% | $280 | $600 | 531 |
| 2016 | $360 | +2.8% | $250 | $1,911 | 471 |
| 2017 | $370 | +2.7% | $250 | $600 | 514 |
| 2018 | $370 | 0.0% | $280 | $1,716 | 541 |
| 2019 | $375 | +1.3% | $270 | $700 | 526 |
| 2020 | $380 | +1.3% | $290 | $800 | 366 |
| 2021 | $410 | +7.3% | $200 | $720 | 481 |
| 2022 | $440 | +6.8% | $195 | $1,847 | 436 |
| 2023 | $490 | +10.2% | $295 | $750 | 380 |
| 2024 | $520 | +5.8% | $195 | $700 | 76 |
Median Rent Price
$500
per week
Based on 338 recorded rent within the last 12 months
Updated on 23 Apr 2024
Rent Price Growth
+10.0%
Current Median Rent: $500
Previous Median Rent: $450
Based on 743 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.5%
Current Median Price: $740,000
Current Median rent: $500
Based on 678 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
Houses sold in Last 12 months ends 20 Apr 2024
$750K
Median Sale Price
84%
Clearance Rate
42/50
Sold/Reported
$1.3M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.2 M - $1.4 M | 2 | |
| $1 M - $1.2 M | 1 | |
| $800 K - $1 M | 10 | |
| $600 K - $800 K (Median Price Range) | 25 | |
| $400 K - $600 K | 1 | |
Similar Suburbs to Narre Warren 3805
Based on median house sale price sold in last 12 months
Schools closest to Narre Warren, VIC 3805
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Don Bosco Primary School | 496 PRINCES HWYNarre Warren 3805 | Primary | Catholic | 0.7 km |
| Fleetwood Primary School | 97 FLEETWOOD DRIVENarre Warren 3805 | Primary | Government | 1.75 km |
| Timbarra P-9 College | 159-197 PARKHILL DRIVEBerwick 3806 | Combined | Government | 1.72 km |
| Berwick Lodge Primary School | 139-145 MANSFIELD STREETBerwick 3806 | Primary | Government | 1.78 km |
| Fountain Gate Primary School | PROSPECT HILL ROADNarre Warren 3805 | Primary | Government | 2.2 km |
| Oatlands Primary School | 79 - 93 KURRAJONG ROADNarre Warren 3805 | Primary | Government | 2.28 km |