SOLD
RECENT ADVICE
Sold on 07 Dec 2024 for $715,000

25 Meadow Wood Walk
Narre Warren VIC 3805

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 125m2
Land area: 723m2
Sold By
Harcourts Hallam
Save

Property Details for 25 Meadow Wood Walk, Narre Warren

25 Meadow Wood Walk, Narre Warren is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 723m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 3 bedroom House sold in Narre Warren in the last 12 months.

Building Type
House
Year Built
1975
Floor Size
125m2
Land Size
723m2
Local Government
Casey
Lot/Plan
81/LP53631

Last Listing description (December 2024)

Auction Location: On site

This property offers a fantastic opportunity for investors or developers, situated on a 723m? block with Zone 1, subdivision potential (STCA). The prime location is within walking distance to the Railway Station, Fountain Gate, and the vibrant Narre Warren restaurant strip, offering convenience and accessibility.

The home itself is currently tenanted and features a lounge/dining area, air conditioning, and a light, neutral colour scheme, making it a comfortable living space. The land, in this highly sought-after area, presents great potential for redevelopment, especially as land is increasingly valuable.

With its first-class location and the area's ongoing development, this property is poised to grow in value over time, making it an excellent investment for the future. The sale is set to proceed by negotiation, allowing interested buyers the flexibility to negotiate terms.

Whether you're looking for a property to renovate, rent out, or develop, this opportunity is one not to be missed!

Property History for 25 Meadow Wood Walk, Narre Warren, VIC 3805

A timeline of how this property has performed in the market
Last Sold
$715,000
07 Dec 2024
Listed for Rent
$300/w
23 Aug 2012
  • 07 Dec 2024
    Sold for $715,000
  • 22 Nov 2024
    Listed for Sale $670,000 - $730,000
  • 21 Jul 2012
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

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 12,115 properties. Over the last 5 years, Houses in Narre Warren have seen a 27.04% increase in median value, while Units have seen a 29.75% increase. As at 30 November 2024:

  • The median value for Houses in Narre Warren is $771,867 while the median value for Units is $552,531.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 51 properties listed for sale, and 19 properties listed for rent in Narre warren on OnTheHouse. According to CoreLogic's data, 453 properties were sold in the past 12 months in Narre warren.

Suburb Insights for Narre Warren 3805

Market Insights
Narre Warren Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Narre Warren Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.