SOLD
Sold on 07 Mar 2024 for $526,000

2B Madison Avenue
Narre Warren VIC 3805

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
Land area: 354m2
Sold By
Alex Scott & Staff Berwick
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Property Details for 2b Madison Ave, Narre Warren

2b Madison Ave, Narre Warren is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1990. The property has a land size of 354m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom House sold in Narre Warren in the last 12 months.

Building Type
House
Year Built
1990
Floor Size
95m2
Land Size
354m2
Local Government
Casey
Lot/Plan
1/PS339498

Last Listing description (July 2024)

This attractive and well located unit is in Maramba estate adjoining parkland and close to the Maramba Primary School and Fountain Gate. Built in 1995 it is in excellent condition on 354 sqm of land so you have plenty of room at the back. Comprises Entry, Lounge with gas heater, Kitchen/family room with a split system air conditioner, two bedrooms with built in robes, bathroom, laundry and toilet. A large single garage and established gardens complete the picture. An Ideal investment property.

Property History for 2b Madison Ave, Narre Warren, VIC 3805

A timeline of how this property has performed in the market
Last Sold
$526,000
07 Mar 2024
Listed for Rent
$360/w
08 Sep 2022
  • 07 Mar 2024
    Sold for $526,000
  • 23 Feb 2024
    Listed for Sale Not Disclosed
  • 08 Sep 2022
    Listed for Rent $360 / week
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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 12,096 properties. Over the last 5 years, Houses in Narre Warren have seen a 35.21% increase in median value, while Units have seen a 25.17% increase. As at 31 July 2024:

  • The median value for Houses in Narre Warren is $770,487 while the median value for Units is $532,495.
  • Houses have a median rent of $520 while Units have a median rent of $490.
There are currently 45 properties listed for sale, and 14 properties listed for rent in Narre warren on OnTheHouse. According to CoreLogic's data, 444 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.