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City of Casey

Narre Warren North

Narre Warren North Property Market
& Suburb Profile

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MEDIAN PRICES IN NARRE WARREN NORTH

Median house price

(all agencies, last 12 months)$1.7m*

House price change

(all agencies, last 12 months)-3.21%

Median unit price

(all agencies, last 12 months)$923k*

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

NARRE WARREN NORTH price TRACKER

Houses0

Narre Warren North sales overview

  • Sold by Auction 33%
  • Sold by Private Sale or Other Method 67%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)47

Auction clearance rate in Narre Warren North

(all agencies, last 12 months)37%

Average held period in Narre Warren North

(proptrack)11 years

Narre Warren North Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$699pw

House rental price change

(all agencies, last 12 months)0.03%

Median rental price for Units

(all agencies, last 12 months)$584pw

Unit rental price change

(all agencies, last 12 months)0.03%

Average rental yield for Houses

(all agencies, last 12 months)2.75%

Average rental yield for Units

(all agencies, last 12 months)4.02%

Narre Warren North total population size

(as at the last census)8,033

Median household size in Narre Warren North

(as at the last census)3.4

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Narre Warren North property types

  • Houses 65%
  • Units 2%
  • Other 33%

OCCUPANCY in Narre Warren North

  • Owned 93%
  • Rented 4%
  • Other/Not Stated 3%
  • Singles 8%
  • Families 91%
  • Other 1%

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About Narre Warren North

Narre Warren North is a residential suburb located approximately 38 kilometres south-east of the Melbourne CBD, offering a unique, semi-rural lifestyle defined by its generous block sizes, picturesque countryside, and exceptionally high rate of owner-occupation.

Situated at the foothills of the Dandenong Ranges, the suburb maintains a distinct country atmosphere, with housing stock predominantly consisting of luxurious family residences and large acreage properties, attracting established, high-income families who value space, privacy, and long-term residency.

Residents benefit from excellent local amenity, including the charming Narre Warren North Village Shops and highly regarded schools such as Narre Warren North Primary School and Harkaway Hills College, while the massive retail and entertainment hub of Westfield Fountain Gate is only a short drive away.

Connectivity is robust for commuters, with the Monash Freeway (M1) providing a fast vehicular route to the city in approximately 35 minutes, complemented by the nearby Narre Warren Train Station for a direct rail link. Furthermore, the area is rich in recreational opportunity, being close to Lysterfield Lake Park with its mountain bike trails and walking tracks.

For investors and discerning buyers, Narre Warren North represents a premium lifestyle market where the scarcity of large blocks, combined with strong demand from affluent families, ensures enduring value and competitive rental returns for its high-end property stock.

Education

Harkaway Hills College
Lysterfield Lake College
Mary MacKillop School
Narre Warren North Primary School
Sidrah Gardens School
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Sales Comparison

Find out how Narre Warren North median sales prices compare to neighbouring suburbs.

Narre Warren North MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202577$1,291,250-3.20%21$642pw3.38%
202488$857,500-0.58%20$627pw3.60%
202378$862,5001.47%16$581pw3.34%
202294$850,00013.33%13$511pw3.06%
2021111$1,247,50021.46%15$454pw2.68%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202577$1,291,250-3.20%
202488$857,500-0.58%
202378$862,500+1.47%
202294$850,000+13.33%
2021111$1,247,500+21.46%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
202521$642pw3.38%
202420$627pw3.60%
202316$581pw3.34%
202213$511pw3.06%
202115$454pw2.68%

PROUDLY SERVICING Narre Warren North

Barry Plant
Narre Warren

Suite 7, 64 Victor Crescent
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Browse more suburbs

Harkaway

Lysterfield South

Narre Warren East

NEWS & INSIGHTS

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Handy tips for the first home buyer

*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.