Property types in Narre Warren

Properties for sale Properties for rent

Narre Warren is one of the most popular suburban districts of Melbourne with a population of nearly twenty-six thousand inhabitants (according to the 2011 national census). Still,this town is located a full forty-two kilometres southeast of Melbourne's city centre. It was first incorporated in 1869 and has continued to remain a well-known residential area ever since.

Like many towns in the region, Narre Warren was considered to be a semi-rural location for much of the 19th century and well into the 21st century. Contributing factors to the rise of its population over the years were the Victoria Gold Rush as well as an increasing number of individuals moving from the capital city of Melbourne itself. When Narre Warren became connected by rail and highway to major urban centres, its population continued to increase.

Narre Warren is also considered to be one of the most densely populated regions in Victoria; currently hosting an impressive two thousand residents per square mile. Not only does Narre Warren has its own proprietary railway station, but it hosts the second-largest shopping centre in all of Australia (Westfield Fountain Gate). It is for these reasons that this population is slated to increase into the foreseeable future.

From a real estate standpoint, Narre Warren is by far one of the the fastest-growing towns in Victoria. There have been numerous housing developments constructed during recent years and this activity shows no signs of slowing down. In fact, some estimates claim that as many as eight new houses are being erected every day throughout the region. The bulk of these residences are occupied by lower- to middle-class families that have migrated from the centre of Melbourne and surrounding areas. With housing prices considered to be moderate in comparison to other areas of Melbourne, Narre Warren is an attractive real estate prospect for both families and developers alike.

Average price in Narre Warren
Average price per  m2  $4,454
Average price per  m2  $0.57
Properties for sale
Properties for rent
Regions near to Narre Warren