The narre warren south property forecast for 2026–2027 anticipates varied trends, with potential growth driven by demographic shifts and emerging market conditions. This suburb’s strategic position and evolving infrastructure are key factors influencing its property landscape.

• The median house price in Narre Warren South was $820k for the April-June 2025 quarter.
• Narre Warren South’s population is 30,909 with a median age of 34, according to the ABS.
• Land prices surged by 109.1% QoQ and 29.1% YoY as of June 2025.

What do the numbers say in Narre Warren South?

In examining the narre warren south property forecast, it’s essential to consider current data. According to DataVic and REIV, the median sale prices in the April-June 2025 quarter were:

• Houses: $820k (QoQ -3.0%, YoY +2.9%)
• Land: $833k (QoQ +109.1%, YoY +29.1%)
• Units: $673k (QoQ +3.7%, YoY +0.7%)

These figures underscore a volatile market, especially in land values, which have seen significant fluctuation. As the ABS Census 2021 data indicates, the area supports a substantial population of 30,909 people, with a median household income of $2,158 per week, aligning with a steady demand for property in the region.

What are the key considerations for investing in Narre Warren South?

Investors looking at the property forecasts for Narre Warren South should consider several critical aspects. The suburb’s development plans and infrastructure improvements are crucial elements that can influence property values. The median age of 34 suggests a young, potentially growing population, adding appeal for new housing and amenities. Also noteworthy is the median rent of $401 per week, signaling a solid rental market.

Another factor to consider is the proximity to major transport networks and local amenities, enhancing the appeal for both buyers and long-term investors seeking stable returns. For a more localized forecast, see our comprehensive analysis of nearby areas like the Narre Warren property forecast and the Narre Warren North property forecast.

How does Collings help with property investments?

At Collings Real Estate, we provide comprehensive property services to assist investors in navigating the Narre Warren South market. Our team offers a data-driven approach to property investment, utilizing insights from historical trends and current market data to forecast future opportunities.

Whether you’re interested in buying or selling, our property strategists are equipped to offer personalized advice tailored to your needs. To discover how a strategic analysis tailored to your investment goals can benefit you, talk to a Collings property strategist today. For further insights, explore our off-market portal for exclusive property insights.

Frequently asked questions

What is the current median house price in Narre Warren South? As of the April-June 2025 quarter, the median house price was $820k.

How has the price of land in Narre Warren South changed recently? The price of land increased significantly by 109.1% QoQ.

What demographic trends are affecting Narre Warren South? The ABS Census 2021 reports a growing population of 30,909, with a median age of 34.

For more detailed property forecasts, visit our particular analyses of other suburbs, such as Oakleigh South and South Melbourne, to better understand the broader property market in Victoria.