Narre Warren Suburb Profile
Victoria 3805

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Narre Warren has 12,097 properties. Over the last 5 years, Houses in Narre Warren have seen a 34.04% increase in median value, while Units have seen a 21.40% increase. As at 31 August 2024:

  • The median value for Houses in Narre Warren is $773,385 while the median value for Units is $532,981.
  • Houses have a median rent of $530 while Units have a median rent of $500.
There are currently 49 properties listed for sale, and 12 properties listed for rent in Narre warren on OnTheHouse. According to CoreLogic's data, 439 properties were sold in the past 12 months in Narre warren.

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.

Suburb Insights for NARRE WARREN 3805

Market Insights
Narre Warren Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
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Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
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

Last Updated: 03/10/2024

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.