8/5-7 Vesper Drive

Narre Warren VIC 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.