Narre Warren is in the TOP 20% in VIC when comparing median price capital growth over the last year. Narre Warren gave property investors a very good capital gain figure when compared to the rest of the state, with 14.46%.
If we look at median property appreciation over just the last three months, Narre Warren has given property investors a paper return of 3.71%. This puts Suburb as 148 on a list of fastest fasting appreciating suburbs in VIC
Property investors looking for a bargain in Narre Warren should be aiming for at least -3.26% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 409 properties changed hands in Narre Warren, which puts it as the 22th most active market in VIC when comparing the number of sales per suburb.
With a capital gain of 4.76% for the last 12 months, Narre Warren, 3805 has performed for property investments than its average annual 4.83% property growth over the last 5 years.
Comparing Narre Warren,3805 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Narre Warren should be aiming for at least -4.12% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Narre Warren have been waiting around 55.47 days to sell a property.