Narre Warren Suburb ProfileVictoria 3805
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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:
- 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.
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.
Market Insights
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Narre Warren Trends for Units
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Neighbourhood Insights
Age
Population 26,623
0-9
14%
10-19
14%
20-29
15%
30-39
14%
40-49
14%
50-59
14%
60-69
9%
70-79
5%
80-89
2%
Household Structure
Occupancy
Recent Sales in NARRE WARREN 3805
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Properties for rent in NARRE WARREN 3805
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Last Updated: 18/12/2024
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