Thinking about buying in Narre Warren East? Now could not be a better time, with just 162 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $2,317,000 with prices in this suburb ranging from $1,019,000 to $10,840,000. The aproximate distance to the coast is 20 Km.
Median Weekly Rent | $364.14 |
Median Monthly Mortgage | $2558.14 |
Median Persons Per Bedroom | 0.74 |
Average Household Size | 3.14 |
Average Age | 48.00 |
Average Income | $854.43 |
Average Cars Per Dwelling | 2.48 |
Average Properties Within 50M | 1 |
2 Bed  $2,114,000 |
3 Bed  $1,853,000 |
4 Bed  $2,011,000 |
5 Bed  $5,596,000 |
6 Bed+$3,414,000 |
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Narre Warren East ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Narre Warren East provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Narre Warren East necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Narre Warren East we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Narre Warren East a better buying opportunity than it may have been in the past.
1438 WELLINGTON RD, NARRE WARREN EAST, VIC, 3804 | 3 | 2 | 6 | 1350000 |
Dandenong Ranges Steiner School
Harkaway Hills College
Narre Warren North Primary School
(While the above schools are located with the suburb of Narre Warren East there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.1 | 13.1 | 24.6 | 43.5 | 90.7 | 1.8 | 23.4 |
Feb | 2.4 | 13.1 | 24.1 | 44.7 | 90.3 | 1.7 | 19.7 |
Mar | 2.7 | 12.1 | 21.2 | 50.5 | 90.7 | 1.6 | 14.6 |
Apr | 4.0 | 9.8 | 16.7 | 59.8 | 91.8 | 1.4 | 10.9 |
May | 4.3 | 7.7 | 12.8 | 67.1 | 92.3 | 1.5 | 7.1 |
Jun | 3.6 | 5.8 | 10.4 | 72.4 | 94.3 | 1.5 | 6.5 |
Jul | 3.7 | 5.2 | 9.7 | 71.5 | 94.2 | 1.9 | 6.7 |
Aug | 4.1 | 5.0 | 10.6 | 64.9 | 93.7 | 1.8 | 9.0 |
Sept | 3.3 | 6.8 | 13.9 | 57.2 | 92.5 | 1.7 | 13.4 |
Oct | 3.3 | 8.6 | 17.6 | 51.9 | 91.9 | 1.7 | 17.7 |
Nov | 4.1 | 9.7 | 19.5 | 48.7 | 94.0 | 1.6 | 21.0 |
Dec | 2.1 | 11.6 | 22.6 | 46.4 | 91.4 | 1.6 | 24.5 |
source: Australian Government Bureau of Meteorology
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