VIC/
Narre warren

Suburb Profile

Narre Warren - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3805

house
unit

Property investors have seen a 3.35% gain in NARRE WARREN based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on NARRE WARREN, 3805 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 20.29%.

Based on its average 5-year and quarterly capital gains NARRE WARREN, 3805 saw average growth in the long term.

The VIC suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $625,500

Profits averaged 19.45% per annum over a 3-year period, due to an upward trend in home prices in NARRE WARREN, 3805.

This means, real estate investors could earn a rental income of $370 based on current median home prices for the suburb.

The gross rental yield in NARRE WARREN, 3805 is 3.08%.

An average of 34.5 real estate transactions take place per month in NARRE WARREN which translates to 414 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $625,500 $408,050
GROWTH REPORT
Median Quarterly 3.35% 2.59%
Median 12 month 20.29% 14.14%
Median 3 years 58.35% 39.62%
Median 5 years 73.75% 35.12%
10 years average annual 8.49% 6.28%
Weekly media advert. rent $370 $320
Time on Market 33.8 days 27.6 days
Gross Rental Yield Percent 3.08% 4.08%
demographics (median values)
Total Population
25662
Weekly Household Income
1078
Household Size
3.00
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Capital Gains Tax (CGT) Calculator

Narre Warren, VIC
property details
Sale price
$
Current taxable income
$
Purchase price
$
Calculate
FROM THE WEB