NARRE WARREN 3805
State: VICPosiProp AI Investment Summary
NARRE WARREN (VIC 3805) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.7% and has experienced a 12-month capital growth of Up 7.7%, with a median house buy price of $802,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$681,000
$768,000
$877,500
$802,000
Suburb Market Profile
Last month Narre Warren had 66 properties available for rent and 112 properties for sale. Median property prices over the last year range from $802,000 for houses to $615,000 for units. If you are looking for an investment property, consider houses in Narre Warren rent out for $580 PW with an annual rental yield of 3.7% and units rent for $530 PW with a rental yield of 4.5%. Narre Warren has seen an annual compound growth rate of 7.7% for houses and 10.8% for units.