Property investors who have had real estate in Narre Warren, 3805 should be pleased 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 23.03%
Narre Warren,3805 was ranked 479 in Australia by increase in median property value over the quarter.
The most recent median price for Narre Warren is $584400, with sellers offering an average of -0.66% off the asking price.
On average over the past year, suburb has had 38.83 sales per month, which equates to 466 per year.
Narre Warren is 330th on a list of best yielding suburbs for rents in VIC with a 3.20% return
VIC has seen average median house prices change by 6.72% which means that Narre Warren, 3805 has done well for property investors by showing a capital gain of 16.79% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Narre Warren comes in at number 53th in VIC.