How Much is My Home Worth in Narre Warren South?
At March 28, 2019, the median price for a house in Narre Warren South is $635.000. In 2019 there have been 345 homes sold. Of the house sales 220 were 4 bedroom homes. The 12-month capital growth is 2.98% for houses. The average annual capital growth for houses is 6.78%. The Demand to Supply Ratio or DSR rating has homes as good. This translates to there being more demand for property than supply. But only marginally. Investors see this suburb as a healthy investment. Vendors more often than not are getting the price they ask for. Expect the capital growth to be ahead of the national average.
House prices and rent returns in Narre Warren South.
- 3 bedroom home $590,000 Rent per week $380
- 4 bedroom home $660,000 Rent per week $425
The gross rental yield for houses is 3.38%. It takes 43 days to sell a house in Narre Warren South.
Free Real Estate Appraisal Narre Warren South
Thinking of selling your home in Narre Warren South? Or, do you want to know the value of your property? Our sales consultants appraise multiple houses in the region. Their accurate valuations are based on recent sales, location to schools, shops and amenities. We demonstrate to the property owner how we come to our final price. We appraise all types of property including land, units and houses.
Rental Appraisal Narre Warren South
Are you thinking of renting your current home? Or, do you have an investment property you wish to rent? Our property management team manage over 3500 properties. They will provide a free appraisal on the amount of weekly rent you can expect. We meet with the landlord to understand their needs. The property for lease can be long term or short term. We have a large database of people wanting to rent property. They vary from single person, couples and small families.
Property Valuation Narre Warren South
For most people, property valuation or appraisal are one and the same. However, if you are required by law to obtain a valuation then you must engage the services of the registered valuer. This will come at a cost to you.
Narre Warren South Suburb Profile
Recently Sold Property in Narre Warren South
View our list of recently sold homes in Narre Warren South. We have sold over 100 properties in Narren Warren South. Property types include land, units and houses.
Lifestyle in Narre Warren South
Narre Warren South is a south eastern suburb of Melbourne that is 40 kilometres from the CBD. This is one of the fastest growing suburbs in Victoria. Formally a rural the suburb has seen multiple real estate developments emerge. The main retail outlet is the Casey Central Shopping Centre. Growth is expected to cater to more hospitality, civic, retail and education centres going forward. Also, a public golf course has been proposed. In the 2011 census there were 28500 registered residents.
Schools in Narre Warren South
There are 3 schools in Narre Warren South.
- Hillsmeade Primary School Co-educational
- Heritage College Private Co-educational
- Strathaird Primary School Co-educational