Property value increases in Narre Warren South have tracked just higher than the VIC average of 11.00% over the last 12 months.
The five-year average increase in median property values for Narre Warren South,3805 has given property investors a potential capital gain of 47.50% across each of those five years.
Narre Warren South3805 is located in VIC which offers an average discount of -5.26% to property investors. Narre Warren South itself is showing figures that indicate -3.35% is the average achievable by property buyers investing in the suburb.
Narre Warren South, 3805’s gross rental yield is 3.53%
Narre Warren South,3805 was ranked 637 in Australia by increase in median property value over the quarter.
The most recent median price for Narre Warren South is $402500, with sellers offering an average of -7.18% off the asking price.
Property investors should expect to get $360 weekly from the median priced house in this suburb.