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 3.9% and has experienced a 12-month capital growth of Up 6.4%, with a median house buy price of $810,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$682,000
$778,000
$870,000
$810,000
Suburb Market Profile
Last month Narre Warren had 81 properties available for rent and 122 properties for sale. Median property prices over the last year range from $810,000 for houses to $621,500 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 3.9% and units rent for $540 PW with a rental yield of 4.7%. Narre Warren has seen an annual compound growth rate of 6.4% for houses and 5.3% for units.
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