Property value increases in Narre Warren South have tracked just higher than the VIC average of 8.06% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Narre Warren South has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Narre Warren South is offering property investors an average of -6.03. This rate of discount on properties puts Suburb at number 498th in terms of most discounted suburbs in VIC
Renters in Suburb are facing rents around $4680 per annum or $390 every week.
Narre Warren South, 3805 ranked 64th in VIC when comparing growth in median property values or capital gain over the last 12 months. Narre Warren South is one of 2098 in our list for VIC
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 -10.00% is being offered, which puts this VIC suburb at 55th most discounted overall in Australia.
Narre Warren South is 98th on a list of best yielding suburbs for rents in VIC with a 4.86% return