2. VIC
  3. Casey

Narre Warren North VIC 3804

Houses Units

Here you can find what you need to know about Narre Warren North, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$1.7M Median Sale Price (National Average $485k) 52nd In VIC
8.89% Median Sale Price Change (1yr) (National Average 4.30%) 63rd In VIC
$890pw Median Rent (National Average $395) 25th In VIC
2.7% Median Gross Yield (National Average 4.24%) 469th In VIC
Properties sold 61
Average discounting -6.62%
Average Days on Market 78
Stock on Market 80 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Narre Warren North, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Narre Warren North, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Narre Warren North, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Narre Warren North


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State Auction Clearance Rates


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Suburb Information

Narre Warren North, VIC 3804

Part of: Casey Council No data available

The size of Narre Warren North is approximately 22 square kilometres. It has 21 parks covering nearly 7.9% of total area. The population of Narre Warren North in 2011 was 6,211 people. By 2016 the population was 7,683 showing a population growth of 23.7% in the area during that time. The predominant age group in Narre Warren North is 10-19 years. Households in Narre Warren North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narre Warren North work in a professional occupation. In 2011, 92.9% of the homes in Narre Warren North were owner-occupied compared with 92.2% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Narre Warren North

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Narre Warren North   for Houses in last 12 months


There have been 61 Houses sold in Narre Warren North in the past 12 months with a median sale price of $1.7M, up 8.9% annually. It takes on average 45 days to sell with vendor discounting of -6.6%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Narre Warren South VIC, 3805 3.44% $827,500 $580pw 3.6% View Suburb Profile
Narre Warren VIC, 3805 2.56% $740,000 $525pw 3.7% View Suburb Profile
Narre Warren East VIC, 3804 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Erskine WA, 6210 28.04% $645,000 $573pw 4.6% View Suburb Profile
Berwick VIC, 3806 4.76% $880,000 $580pw 3.4% View Suburb Profile
Oatlands NSW, 2117 12.82% $2,200,000 $900pw 2.1% View Suburb Profile

Currency

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