Narre Warren, VIC
Find the latest property data and property news available for the suburb of Narre Warren, plus mapping tools and demographic information. If you are thinking of selling, buying, or investing in property in Narre Warren, then our suburb snapshot is crucial reading. Property price and rental data for the suburb of Narre Warren is provided by RP Data.
News
Amancio Ortega, the major shareholder of Zara with 60% of the business, was the fastest mover on the annual Forbes magazine rich list released this month.
The list is dominated by suburbs further out of town, but does include St Albans as well as less fashionable Sunshine and Sunshine North.
Suburb Snapshot
Houses
| Median sale price | $355,000 |
| Change in median price in last year | -2.1% |
| Change in median price in past five years | 29.1% |
| Average discount | -6.1% |
| Average time on market | 60.5 |
| Average hold period | 9.6 |
| Median price for houses $350k to $750k | $385,000 |
| Median asking rent | $320 |
| Indicative gross rental yield | 4.7% |
Units
| Median sale price | $305000 |
| Change in median price in last year | 4.6% |
| Change in median price in past five years | 38.6% |
| Average discount | -3.9% |
| Average time on market | 68.5 |
| Average hold period | 8.5 |
| Median asking rent | $290 |
| Indicative gross rental yield | 4.9% |
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