The median house price in Nar Nar Goon North for 2026 is currently $599,000. This reflects significant changes in the last year, highlighting key trends and opportunities for investors and homebuyers alike.
- The current median house price in Nar Nar Goon North is $599,000 as of April to June 2025.
- Quarter on Quarter, the price dropped by 37.3%, while Year on Year it decreased by 17.9%.
- The land median price is $397,000, a notable increase of 31.0% over the previous quarter.
What do the numbers say in Nar Nar Goon North?
Nar Nar Goon North has experienced varied property market activity recently. According to the DataVic/REIV, the median house sale price is sitting at $599,000 for the April to June 2025 quarter. This represents a significant 37.3% drop quarter on quarter (QoQ) and a 17.9% decrease year on year (YoY). Meanwhile, the median price for land has increased to $397,000, marking a noteworthy 31.0% increase QoQ despite a YoY drop of 5.0%.
These fluctuations indicate a shifting market landscape where land is gaining value rapidly even as housing prices face downward pressure. The cranbourne north median house price may offer interesting comparisons and insights into regional trends. Understanding these dynamics can help both buyers and sellers to strategize effectively in the current market climate.
What are the key considerations?
When delving into the median house prices of Nar Nar Goon North, potential buyers and investors must consider several factors beyond just price movements. Demographics from the 2021 ABS Census highlight a population of 819 with a median age of 44, which influences the type of housing in demand. The median household income stands at $2,116 per week, with median rent priced at $361 per week, indicating the area’s economic environment.
For those considering buying or investing in Nar Nar Goon North, the trend of decreasing house prices framed against rising land values suggests a potential shift toward favoring new developments. This is consistent with trends observed in adjacent areas like north warrandyte where property dynamics offer valuable lessons.
How does Collings help?
Collings Real Estate provides tailored services to support your buying or selling journey in Nar Nar Goon North. As a well-established agency, Collings helps clients navigate the complexities of the property market, ensuring informed decisions based on current and reliable data. Our team is adept at offering both strategic insights and hands-on assistance, ensuring seamless experiences from property appraisals to final transactions.
Contact our experts today at 03 9486 2000 or email us at info@collings.com.au for insights or sign up on our portal to explore off-market opportunities customized to your preferences. We also encourage a balwyn north median house price comparison to diversify your understanding of Melbourne suburb market trends.
Frequently asked questions
What is the current median house price in Nar Nar Goon North?
The current median house price in Nar Nar Goon North is $599,000, based on data from April to June 2025.
How has the land price in Nar Nar Goon North changed recently?
The median land price rose to $397,000 in the last quarter, an increase of 31.0%.
What demographic insights are available for Nar Nar Goon North?
According to the 2021 ABS Census, Nar Nar Goon North has a population of 819 with a median age of 44 and median household income of $2,116 per week.
For more information or to request a free property appraisal, reach out to our team at Collings Real Estate.
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