SOLD
Sold on 29 Apr 2024 for $500,000

25/40-50 Victoria Road
Narre Warren VIC 3805

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 92m2
Land area: 176m2
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Property Details for 25/40-50 Victoria Rd, Narre Warren

25/40-50 Victoria Rd, Narre Warren is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 176m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Narre Warren in the last 12 months.

Building Type
Unit
Year Built
1999
Floor Size
92m2
Land Size
176m2
Local Government
Casey
Lot/Plan
25/PS422357

Last Listing description (October 2024)

Located in a well-connected neighbourhood, this solid brick villa blends a warm and welcoming interior with easily maintained surrounds. Perfect for those stepping into the property market, downsizing, or savvy investors. Nestled within a secure location, this residence promises privacy, security, as well as accessibility.

Upon entering, you'll be embraced by the welcoming atmosphere of the lounge room, the true heart of this home, offering a cozy sanctuary to unwind and rejuvenate. Separate from the kitchen and dining area, this space provides a serene retreat.

The master bedroom boasts a convenient walk-in robe, offering ample storage space and direct access to the shared bathroom, ensuring ease of living. Meanwhile, the second bedroom features a built-in robe, providing additional storage solutions.

Situated in a highly convenient location, this property is within proximity to Westfield Fountain Gate, Dandenong Valley School, Fountain Gate Primary School, Fountain Gate Secondary College, Maramba Primary School, several parks, and playgrounds, as well as various places of worship. Additionally, you will find easy access to local bus routes, Narre Warren/Hallam stations, the Monash Freeway, and the South Gippsland Freeway further enhances connectivity and accessibility.

Property History for 25/40-50 Victoria Rd, Narre Warren, VIC 3805

A timeline of how this property has performed in the market
Last Sold
$500,000
29 Apr 2024
  • 29 Apr 2024
    Sold for $500,000
  • 04 Apr 2024
    Listed for Sale $500,000
  • 25 Mar 2010
    Sold for $260,000
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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 12,081 properties. Over the last 5 years, Houses in Narre Warren have seen a 28.17% increase in median value, while Units have seen a 31.90% increase. As at 31 October 2024:

  • The median value for Houses in Narre Warren is $767,399 while the median value for Units is $551,053.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 70 properties listed for sale, and 23 properties listed for rent in Narre warren on OnTheHouse. According to CoreLogic's data, 428 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.