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.
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!
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:
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