VIC3804· Pop. 8,466Yarra Ranges

NARRE WARREN NORTH

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

48

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

$1,480,000

VIC Gov · 2025

Rent yield

1.6%

computed from govt data

Annual growth

-2.8%

annualised from govt data

Vacancy rate

2.0%

modelled estimate

AI insights for NARRE WARREN NORTH

Investment analysis, risks & comparisons

PREMIUM

NARRE WARREN NORTH shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Median price sourced from VIC Gov · 2025 — real government transaction data. Growth, demand and vacancy figures remain modelled estimates.

Median rent

$450/wk

DFFH Moving Annual Rent · Sep 2025

Demand change

+2.0%

annual shift

Yield × growth index

-0.6

combined signal

Net yield (est.)

1.92%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+4.9%

est. compound, long-run avg

10-yr growth (CAGR)

+4.2%

est. compound, long-run avg

Rental demand

59 / 100

Strong demand

Supply pipeline

Real

0.8%

new dwellings approved / stock · ABS 2024-25

Low supply pressure

5-year price history

2020
$1168k
2021
$1422k
2022
$1600k
2023
$1565k
2025
$1480k

Source: VIC Gov · 2025 · all sources

Market overview

NARRE WARREN NORTH is a metropolitan VIC suburb with moderate capital growth momentum and lower rental yield. Strong infrastructure, employment access, and lifestyle amenities support ongoing investment demand.

Highlights

  • Metro VIC suburb with strong infrastructure and transport
  • Rental yield 1.6% with stable tenant demand
  • Access to national transport network and amenities

Risk factors

  • High entry price may limit buyer pool
  • Below-average growth — limited capital appreciation signal
  • Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$2,630/wk

$89k taxable p.a.

Renters

4.2%

92.8% owner-occupier

Median age

42.0 yrs

Unemployment

3.9%

Population growth

+3.6% p.a.

Investor-owned

22.0%

of all dwellings (ATO)

Houses

47%

36% apartments

Degree qualified

40.2%

bachelor's or higher (ABS)

Work from home

29.0%

of employed residents (ABS Census)

Median lot size

600 m²

Standard block

Household size

2.3 persons

avg per dwelling (ABS Census)

Short-term rental

7.8%

Some Airbnb activity

Market activity

Distance to CBD

36.8 km

Regional

Days on market

27 days

Normal turnover

Auction clearance

75.8%

Strong demand

Walkability

14 / 100

Car-dependent

Coastal proximity

23.6 km

Coastal fringe

NBN technology

FTTC

Good — fibre to curb

Population density

993/km²

Suburban

Schools in postcode 3804

🏫3 Primary📚2 Combined
ACARA 2025

🏫Primary (3)

Sidrah Gardens School

Independent · Yrs Prep-6

ICSEA 1104

Mary MacKillop School

Catholic · Yrs Prep-6

ICSEA 1058

Narre Warren North Primary School

Government · Yrs Prep-6

ICSEA 1053

📚Combined (2)

Harkaway Hills College

Independent · Yrs Prep-10

ICSEA 1149

Lysterfield Lake College

Independent · Yrs 3-8

ICSEA 1139

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

Safe
86/ 100

5.2 offences / 100 persons

Source: VIC Crime Statistics Agency · Dec 2025

School quality

Top tier
1101ICSEA · national avg 1000

5 schools in postcode area

Source: ACARA My School 2025

Transit access

Limited
23/ 100
🚆 1 train🚃 17 tram🚌 18 bus

Source: State GTFS feeds

Gentrification signal

28

/ 100

Early signs

Early-stage signals only. Watch for rising rents, new café activity, and building application increases as leading indicators.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

none

Source: State GIS flood zone data

🔥

Bushfire risk

low

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

low

Coastal exposure + state climate

Live suburb intelligence

Fetching live data…

Location

Properties in NARRE WARREN NORTH

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