OFF MARKET

11 Hermitage Rise
Narre Warren VIC 3805

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 139m2
Land area: 785m2
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Property Details for 11 Hermitage Rise, Narre Warren

11 Hermitage Rise, Narre Warren is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1964. The property has a land size of 785m2 and floor size of 139m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Year Built
1964
Floor Size
139m2
Land Size
785m2
Local Government
Casey
Lot/Plan
87/LP53631

Last Listing description (December 2023)

Discover the incredible potential of 11 Hermitage Rise, Narre Warren. This exceptional property offers a prime corner block development on a generous 785m2 of land, nestled in the highly sought-after activity zone of Narre Warren.

Spacious and Versatile: With four bedrooms and two large living rooms, with 3 yes 3 bathrooms! this home provides abundant space for comfortable living, entertaining, and creating cherished memories.


Customize to Your Vision: Embrace the opportunity to design and create your dream bathroom, tailoring it to your unique style and preferences.

Convenient Vehicle Access: Enjoy the ease of side gate backyard access, providing secure parking options for your vehicles. Say goodbye to parking hassles!

Unbeatable Location: Situated within walking distance to the Webb Street Shopping Strip, Fountain Gate Shopping Centre, and Narre Warren Train Station, this property grants you easy access to shopping, dining, entertainment, and seamless commuting options.

Proximity to Monash Freeway: Benefit from the convenience of being close to the Monash Freeway, allowing for easy travel and connectivity to nearby suburbs and the city.

Major Population Growth Corridor: Positioned in a rapidly developing area, Narre Warren is a major population growth corridor, ensuring future potential and capital growth opportunities.

High-Density Development Potential: With its location in the activity zone, this property holds high-density unit/townhouse development potential, offering exciting possibilities for developers (subject to council approval).

Commercial Development Potential: Explore the prospects of commercial development (subject to council approval), adding further value to this prime corner block.

Mark your calendar for the auction on Sunday July 30th at 11:30am, and seize the opportunity to transform this property into your dream home or capitalize on its development potential. Don't miss your chance to own this exceptional property in a highly coveted location.

Contact Steve Harrison or Joseph Fernand from O'Brien Real Estate Narre Warren today. Act now and secure your future at 11 Hermitage Rise, Narre Warren!

Property History for 11 Hermitage Rise, Narre Warren, VIC 3805

A timeline of how this property has performed in the market
Last Sold
$810,000
02 Sep 2023
Listed for Rent
$450/w
31 Oct 2023
  • 31 Oct 2023
    Listed for Rent $500 / week
  • 02 Sep 2023
    Sold for $810,000
  • 07 Jul 2023
    Listed for Sale $755,000 - $830,500
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About Narre Warren 3805

The size of Narre Warren is approximately 14 square kilometres. It has 52 parks covering nearly 9% of total area. The population of Narre Warren in 2011 was 25,882 people. By 2016 the population was 26,623 showing a population growth of 2.9% in the area during that time. The predominant age group in Narre Warren is 20-29 years. Households in Narre Warren are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narre Warren work in a trades occupation. In 2011, 75.3% of the homes in Narre Warren were owner-occupied compared with 71.7% in 2016.

Narre Warren has 12,055 properties. Over the last 5 years, Houses in Narre Warren have seen a 30.05% increase in median value, while Units have seen a 35.32% increase. As at 30 September 2024:

  • The median value for Houses in Narre Warren is $768,676 while the median value for Units is $540,324.
  • Houses have a median rent of $530 while Units have a median rent of $500.
There are currently 58 properties listed for sale, and 12 properties listed for rent in Narre warren on OnTheHouse. According to CoreLogic's data, 424 properties were sold in the past 12 months in Narre warren.

Suburb Insights for Narre Warren 3805

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.