SUPERBLY POSITIONED FARMLET - 8HA - 20 ACRES - SEALED ROAD
Comprising a mix of creek flats and gently rising pastures, this productive hobby farm is centrally located and very accessible. Its cleared patures are serviced by 3 dams, an all weather access track and stock yards. Elevated sections provide ideal homesites and enjoy a delightful rural vista across surrounding countryside. Just minutes drive from Freeway, major shops etc. Parcels of this calibre are rarely offered.
The size of Narre Warren East is approximately 9.4 square kilometres. It has 7 parks covering nearly 4.3% of total area. The population of Narre Warren East in 2011 was 488 people. By 2016 the population was 426 showing a population decline of 12.7% in the area during that time. The predominant age group in Narre Warren East is 50-59 years. Households in Narre Warren East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narre Warren East work in a managers occupation. In 2011, 91.6% of the homes in Narre Warren East were owner-occupied compared with 89.1% in 2016..
Narre Warren East has 162 properties. Over the last 5 years, Houses in Narre Warren East have seen a 46.65% increase in median value, while Units have seen a 154.90% increase. As at 31 July 2024:
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