With a capital gain of 10.09% for the last 12 months, Narre Warren South, 3805 has performed for property investments than its average annual 6.13% property growth over the last 5 years.
Narre Warren South,3805 has offered an average of 10.09% return per annum in house price rises to property investors over the last three years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Narre Warren South, 3805. Typically our figures indicate that -3.60% is being offered, which puts this VIC suburb at 3383th most discounted overall in Australia.
With the median price for a house in Narre Warren South being $540000 and the advertised rent reaching $395 the gross rental yield for property investors calculates out to be 3.80%
Property investors who have had real estate in Narre Warren South, 3805 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.03%
Vendor discounting in Narre Warren South is giving property investors an average Vendor Discount of around -7.18%. This puts suburb at number 30th in VIC when ranking the most discounted suburbs.