The narre warren south median house price as of 2026 reflects ongoing property market dynamics within the area. According to DataVic/REIV, the median sale price for a house in the April to June 2025 quarter is $820,000, marking a 3% quarterly decrease but a 2.9% yearly increase.

• The median house price in Narre Warren South is $820,000 for the Apr-Jun 2025 quarter.
• The quarterly change saw a decrease of 3%, yet there’s a 2.9% year-on-year increase.
• Land prices surged with a 109.1% quarterly increase, reaching $833,000.

What do the numbers say in Narre Warren South?

Analyzing the figures, the housing market in Narre Warren South presents a complex picture. The house prices, sitting at a median of $820,000, show resilience with an annual increase. For those interested in investing in narre warren south property, it’s notable that land has experienced significant growth. This quarter shows an impressive 109.1% increase compared to the previous quarter, resulting in a median land price of $833,000.

Units in the area are also an attractive investment, showing a 3.7% price rise over the quarter. As recorded, a unit now commands a median price of $673,000. Population demographics, as reported by the ABS Census 2021, reveal a youthful neighborhood with a median age of 34, which retains high demand for housing options in Narre Warren.

What are the key considerations when buying in Narre Warren South?

When buying in Narre Warren South, consider several factors including demographic trends and infrastructure developments. With a population of 30,909 and a median income of $2,158 per week, the area demonstrates financial viability for residents. The median rent of $401 per week also indicates strong rental demand, beneficial for investors.

It’s essential to understand the changes in house and land pricing, which can affect long-term investment strategies. Analyzing similar markets, such as the Wantirna South median house price, may provide further insights into regional price trends.

How does Collings help with property matters in Narre Warren South?

Collings Real Estate offers comprehensive services to those interested in the property market of Narre Warren South. Providing a free property appraisal, the team at Collings ensures clients understand the value of their property against current market trends. Our services are designed to assist in selling Narre Warren South properties by leveraging advanced market tools and insights.

For further inquiries or to request appraisals, contact Collings at 03 9486 2000 or email info@collings.com.au. Explore more through our portal at Collings portal.

Frequently asked questions about Narre Warren South median house prices

Potential home buyers and investors often have questions about the current and future prospects of property prices in Narre Warren South. Understanding changes over the previous quarters provides a more comprehensive investment strategy. For example, considering data from similar markets like the Narre Warren North median house price can provide additional context.