How Much is My Home Worth in Narre Warren?
Real Estate Appraisal Narre Warren VIC 3805
In the last year, there have been 50 units sold and 260 houses sold in Narre Warren. The median price for a house on January 13, 2021, was $605,000. The median price for a unit was $447,000. The average annual property growth is currently 5.58% for houses and 5.01% for units. The 12-month capital growth for houses is 3.42% and for units, it is 8.62%. The DSR or Demand to Supply Ratio gives houses and units a rating of good. This is a good market for property investors wanting to add to their portfolio. Home sellers are usually getting their asking price Capital growth should stay ahead of the national average for Narre Warren.
House prices and weekly rent returns in Narre Warren
- 2 bedroom house No Data Rent per week $350
- 3 bedroom house $585,000 Rent per week $370
- 4 bedroom house $650,000 Rent per week $420
Unit prices and weekly rent returns in Narre Warren
- 2 bedroom unit $417,000 Rent per week $340
- 3 bedroom unit $525,000 Rent per week $380
The gross rental yield for houses is 3.22% and for units, it is 3.95%. It takes 42 days to sell a house and 56 days to sell a unit in Narre Warren.
Free Real Estate Appraisal Narre Warren
Do you want a free appraisal on your Narre Warren property? We appraise units, land and houses on a regular basis. We know the region well and have sold over 80 properties in the last year. Our appraisers base the price on proximity to schools, shops and amenities. Also included is the current sales history. Our agency is located in the heart of Narre Warren.
Free Rental Appraisal Narre Warren
Our property managers currently handle the rental of over 3700 properties. We are experts in property management. We form a close relationship with the landlord and provide regular reports to build the confidence that your property is managed by a team of professionals. So, if you have an investment property you want to rent we will give you a free rental appraisal on the expected weekly rent return. Or, you may want to rent your current home? We will discuss all the details of the lease and dig into our large database of potential tenants to see if we can find an immediate fit.
Property Valuation Narre Warren
Are you aware there is a difference between a property valuation and a real estate appraisal? If for legal reasons you need your home valued then you must employ a registered valuer. There will be a fee attached to this service. If you want an appraisal then a licenced real estate agent can provide this service. We do appraisals for free.
Suburb Profile Narre Warren
Narre Warren Enquiry
Lifestyle in Narre Warren
Narre Warren is located 36 kilometres south-east from the central business district of Melbourne. The 2016 Census stated there were 26,621 residents in Narre Warren. There is the Narre Warren railway station that operates on the Dandenong Pakenham line. Australias second largest shopping centre Westfield Fountain Gate is located in Narre Warren. For sports and activity, you can visit the Casey ARC Aquatic and Recreation Centre. The M1 Freeway and A1 Freeway both run through the centre of Narre Warren. Neighbouring suburbs include Berwick, Hampton Park and Harkaway.
Schools in Narre Warren
There are 7 schools in Narre Warren.
- Fleetwood Primary School Co-educational
- Fountain Gate Primary School
- Maramba Primary School Zone
- Oatlands Primary School
- Fountain Gate Secondary College
- Trinity Catholic Primary School
- Don Bosco School
Narre Warren Real Estate Agent Contact Details.