Profile for Narre Warren South

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Narre Warren South is located 40 km south-east of the CBD. Narre Warren South is a new suburb that features a young population predominately comprised of families. It is currently undergoing significant population growth on the tail of the rapid residential development. The majority of people living in Narre Warren South are young couples and families purchasing new homes. Narre Warren South also features the Oakwood Riding School.

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Recent Sales & Auction Results in Narre Warren South

Address Price Type Method Sale Date Agent
Property List
12 Scarborough Dr, Narre warren south 4 House (Res) Auction Sale 13/04/2024 OBrien Real Estate

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$805k

Metro Melbourne

$929k

Quarterly Price Change

-7.5%

Metro Melbourne

2%

Median Rent

$550

Metro Melbourne

$550

Rental Yield

3.5%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 50% 75.3%
Days on Market 32.5 40
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $920,000
3 Bedrooms $690,000 $810,000
4 Bedrooms $870,000 $965,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $550
3 Bedrooms $523 $520
4 Bedrooms $575 $575

Median data for March Quarter 2024. Click here for details.

Median Sale Price

n/a

Metro Melbourne

$630k

Annual Price Change

n/a

Metro Melbourne

-1.6%

Median Rent

n/a

Metro Melbourne

$520

Rental Yield

n/a

Metro Melbourne

4.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 50% 75.3%
Days on Market 32.5 40
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $370,000
2 Bedrooms n/a $600,000
3 Bedrooms n/a $855,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $450
2 Bedrooms n/a $540
3 Bedrooms n/a $620

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