SOLD
Sold on 31 Jul 2024 for $1,271,250

5/7-8 Len Thomas Place
Narre Warren VIC 3805

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 335m2
Land area: 298m2
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Property Details for 5/7-8 Len Thomas Pl, Narre Warren

Building Type
Commercial
Floor Size
335m2
Land Size
298m2
Local Government
Casey
Lot/Plan
5/PS624302

Last Listing description (July 2021)

GET INTO CENTRAL NARRE WARREN!

This modern office/warehouse is located in tightly held Narre Warren.

Featuring a total area of 335m that consists of a/c offices of 35m on first floor and an open plan ground level reception or display area of 43m2 (approx).

Further features include:
- Security gates and fencing to complex
- Male and female amenities
- Approximately 7 metre internal clearance
- Five dedicated car parks

Enquire at www.faceyproperty.com.au to make your next move.

Property History for 5/7-8 Len Thomas Pl, Narre Warren, VIC 3805

A timeline of how this property has performed in the market
Last Sold
$1,271,250
31 Jul 2024
Listed for Rent
$626/w
29 Jul 2021
  • 31 Jul 2024
    Sold for $1,271,250
  • 21 Jun 2022
    Sold for $193,333
  • 11 May 2021
    Listed for Rent $32,661 / year
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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 12,118 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 20 properties listed for rent in Narre warren on OnTheHouse. According to CoreLogic's data, 445 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.