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City of Casey

Narre Warren South

Narre Warren South Property Market
& Suburb Profile

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MEDIAN PRICES IN NARRE WARREN SOUTH

Median house price

(all agencies, last 12 months)$829k*

House price change

(all agencies, last 12 months)+1.11%

Median unit price

(all agencies, last 12 months)$665k*

Unit price change

(all agencies, last 12 months)+16.67%

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

NARRE WARREN SOUTH price TRACKER

HousesUnits

Narre Warren South sales overview

  • Sold by Private Sale or Other Method 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)28

Average days on market (units)

(all agencies, 12 months)32

Average held period in Narre Warren South

(proptrack)11 years

Narre Warren South Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$643pw

Median rental price for Units

(all agencies, last 12 months)$519pw

Unit rental price change

(all agencies, last 12 months)0.02%

Average rental yield for Houses

(all agencies, last 12 months)3.85%

Average rental yield for Units

(all agencies, last 12 months)4.42%

Narre Warren South total population size

(as at the last census)30,909

Median household size in Narre Warren South

(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 South property types

  • Houses 66%
  • Units 1%
  • Other 33%

OCCUPANCY in Narre Warren South

  • Owned 82%
  • Rented 17%
  • Other/Not Stated 1%
  • Singles 10%
  • Families 89%
  • Other 1%

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About Narre Warren South

Narre Warren South is a large, vibrant, and established residential suburb located approximately 40 kilometres south-east of the Melbourne CBD, offering a family-friendly lifestyle defined by its high proportion of spacious, modern homes and exceptional local amenity.

The suburb is celebrated for its well-planned residential estates, such as Hunt Club Estate, which appeal strongly to young families and professionals seeking a balanced suburban life, reflected in its high percentage of couple families with children.

Residents benefit from comprehensive local conveniences, centred on shopping hubs like Casey Central Shopping Centre, which provides extensive retail and essential services, while the massive Westfield Fountain Gate is only a short drive away. Education is a key drawcard, with numerous highly regarded institutions, including Narre Warren South P-12 College and Strathaird Primary School, contributing significantly to its long-term appeal and stability.

Connectivity is robust for commuters, with excellent bus services providing essential links to the nearby Narre Warren Train Station on the Pakenham line for a direct city rail journey, and swift vehicular access to the Monash Freeway (M1). Furthermore, the suburb features abundant green spaces and recreational facilities, notably the extensive parklands along the Hallam Valley Trail, supporting an active, outdoor community lifestyle.

For investors, Narre Warren South presents a stable market with consistent rental demand, driven by its modern housing stock, strong owner-occupier rates, and prime location adjacent to major amenities and transport links.

Education

Heritage College
Hillsmeade Primary School
Narre Warren South P-12 College
Strathaird Primary School
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Sales Comparison

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

Narre Warren South MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
2025426$747,0501.11%353$581pw4.13%
2024410$695,000-1.21%269$579pw4.40%
2023324$702,5002.48%278$539pw4.11%
2022390$715,0007.33%299$472pw3.77%
2021510$655,00013.63%310$432pw3.42%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
2025426$747,050+1.11%
2024410$695,000-1.21%
2023324$702,500+2.48%
2022390$715,000+7.33%
2021510$655,000+13.63%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
2025353$581pw4.13%
2024269$579pw4.40%
2023278$539pw4.11%
2022299$472pw3.77%
2021310$432pw3.42%

PROUDLY SERVICING Narre Warren South

Barry Plant
Narre Warren

Suite 7, 64 Victor Crescent
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*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.