Auction Times
Sat 9 Jul | Auction Time | Agency | |
|---|---|---|---|
 | 12 Austin Avenue 0 0 0 Residential land | 11:00 AM Sat 9th Jul | Ray White |
 | 21/302 Golf Links Road 3 1 1 Apartment | 5:00 PM Sat 9th Jul | LJ Hooker |
Median Sale Price
House
$740K
Updated on May 2022
2 BR $663K | 3 BR $705K | 4 BR $785K |
Unit
$490K
Updated on May 2022
1 BR - | 2 BR $480K | 3 BR $561K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $327,000 | 0.0% | $27,400 | $775,000 | 386 |
| 2010 | $375,000 | +12.8% | $253,500 | $2,147,483,647 | 440 |
| 2011 | $370,000 | -1.4% | $240,000 | $801,000 | 359 |
| 2012 | $360,000 | -2.8% | $230,000 | $850,000 | 331 |
| 2013 | $375,000 | +4.0% | $40,700 | $950,000 | 382 |
| 2014 | $390,000 | +3.8% | $250,000 | $4,710,000 | 397 |
| 2015 | $435,000 | +10.3% | $47,000 | $1,620,000 | 377 |
| 2016 | $490,000 | +11.2% | $288,000 | $1,200,250 | 407 |
| 2017 | $600,100 | +18.3% | $315,000 | $3,440,000 | 458 |
| 2018 | $620,000 | +3.2% | $220,000 | $1,500,000 | 315 |
| 2019 | $585,900 | -5.8% | $348,979 | $1,800,000 | 320 |
| 2020 | $615,000 | +4.7% | $365,000 | $1,650,000 | 278 |
| 2021 | $707,500 | +13.1% | $420,500 | $1,750,000 | 441 |
| 2022 | $765,000 | +7.5% | $490,000 | $1,220,000 | 160 |
Median Sale Price
$750K
Based on 380 recorded sales within the last 12 months
Updated on 27 Jun 2022
Suburb Growth
+13.1%
Current Median Price: $750,000
Previous Median Price: $651,650
Based on 749 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2022)
Price Range Segments (12 months ending May 2022)
Median Weekly Rent Price
House
$410
Updated on May 2022
2 BR $360 | 3 BR $400 | 4 BR $455 |
Unit
$370
Updated on May 2022
1 BR $298 | 2 BR $350 | 3 BR $400 | 4 BR $480 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $330 | 0.0% | $240 | $485 | 347 |
| 2012 | $330 | 0.0% | $250 | $590 | 394 |
| 2013 | $340 | +2.9% | $175 | $1,538 | 352 |
| 2014 | $350 | +2.9% | $275 | $392,000 | 426 |
| 2015 | $350 | 0.0% | $280 | $600 | 531 |
| 2016 | $360 | +2.8% | $250 | $1,911 | 471 |
| 2017 | $370 | +2.7% | $250 | $600 | 514 |
| 2018 | $370 | 0.0% | $280 | $1,716 | 541 |
| 2019 | $375 | +1.3% | $270 | $700 | 526 |
| 2020 | $380 | +1.3% | $290 | $800 | 365 |
| 2021 | $400 | +5.0% | $200 | $720 | 477 |
| 2022 | $430 | +7.0% | $270 | $1,847 | 178 |
Median Rent Price
$420
per week
Based on 435 recorded rent within the last 12 months
Updated on 27 Jun 2022
Rent Price Growth
+6.0%
Current Median Rent: $420
Previous Median Rent: $395
Based on 818 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.9%
Current Median Price: $750,000
Current Median rent: $420
Based on 815 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2022)
Auction Results For Narre Warren
Houses sold in Last 12 months ends 25 Jun 2022
$750K
Median Sale Price
99%
Clearance Rate
299/304
Sold/Reported
$1.22M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.2 M - $1.4 M | 1 | |
| $1 M - $1.2 M | 4 | |
| $800 K - $1 M | 94 | |
| $600 K - $800 K (Median Price Range) | 187 | |
| $400 K - $600 K | 12 | |
Similar Suburbs to Narre Warren 3805
Based on median house sale price sold in last 12 months
Schools closest to Narre Warren, VIC 3805
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Don Bosco Primary School | 496 PRINCES HWYNarre Warren 3805 | Primary | Catholic | 0.7 km |
| Fleetwood Primary School | 97 FLEETWOOD DRIVENarre Warren 3805 | Primary | Government | 1.75 km |
| Timbarra P-9 College | 159-197 PARKHILL DRIVEBerwick 3806 | Combined | Government | 1.72 km |
| Berwick Lodge Primary School | 139-145 MANSFIELD STREETBerwick 3806 | Primary | Government | 1.78 km |
| Fountain Gate Primary School | PROSPECT HILL ROADNarre Warren 3805 | Primary | Government | 2.2 km |
| Oatlands Primary School | 79 - 93 KURRAJONG ROADNarre Warren 3805 | Primary | Government | 2.28 km |