Narre Warren, 3805 ranked 192th in VIC when comparing growth in median property values or capital gain over the last 12 months. Narre Warren is one of 2098 in our list for VIC
When looking at the potential capital gains offered to property investors over the last 3 years, Narre Warren comes in at number 265th in VIC.
Property investors looking for a bargain in Narre Warren should be aiming for at least -3.06% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $350 weekly from the median priced house in this suburb.
Over the last year, property investments in Narre Warren, 3805 have given investors a capital gain of 4.92%. This compares averagely with the 4.09% for VIC as a whole.
Comparing Narre Warren,3805 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Narre Warren is offering property investors an average of -5.27. This rate of discount on properties puts Suburb at number 228th in terms of most discounted suburbs in VIC
With the median price for a house in Narre Warren being $320000 and the advertised rent reaching $302.5 the gross rental yield for property investors calculates out to be 4.92%