Narre Warren South 3805
Market analysis for investment properties in Narre Warren South
Median Price
$868,000
Trend:Steady
+4.6%
Median Rent
$620/pw
Trend:Steady
+1.6%
Rental Yield
3.71%
Trend:Decelerating
-2.9%
Median DoM
63 Days
Trend:Accelerating
+147.1%
Market Analysis
Why investors are watching Narre Warren South right now.
Shopping in Narre Warren South is convenient with the presence of the popular Casey Central Shopping Centre and Amber Court Shopping Centre. These centers offer a wide range of retail outlets, dining options, and essential services, making shopping easily accessible to residents.
Families considering living in Narre Warren South will find a selection of reputable primary and secondary schools in the area. Notable institutions include Trinity Catholic Primary School, Strathaird Primary School, and Narre Warren South P-12 College, providing quality education options for students.
For those commuting to Melbourne's CBD, Narre Warren South offers easy access to public transportation options. Residents can utilize the nearby Narre Warren train station for direct train services to the CBD. Additionally, several bus routes run through the suburb, connecting residents to various parts of the city.
Narre Warren South boasts a green environment, with multiple parks and open spaces for residents to enjoy. Some of the notable green areas include Oatlands Reserve, Amberly Park, and Fountain Gate Gardens. These spaces offer recreational facilities, walking paths, and picnic areas, enhancing the quality of life for residents.
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Capital Growth
Historical Performance
Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.
Market Vitals
Market Dynamics
Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.
Unlock Market Vitals
See live suburb and LGA market signals.
The Ripple Effect
Explore Nearby Opportunities
Investors analyzing Narre Warren South often compare these adjacent markets for better entry points or higher yields.
Strategy by LighthousePA
Where will Narre Warren South be in 2026?
Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Narre Warren South, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.
- Wealth Planning
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Investment Insights & FAQ
Frequently asked questions about the Narre Warren South property market in 2026.
As of March 2026, the Narre Warren South property market presents a stable investment landscape. Over the last 12 months, houses have seen an annual growth rate of 4.58% and units have grown by 1.79%. These figures reflect the evolving demand within Casey, offering potential for capital appreciation.
Based on the latest market snapshot, median property prices in Narre Warren South range from $868,000 for houses to $660,000 for units. These values are calculated based on recent transaction data and current buyer activity across the Casey region.
For investors targeting cash flow, houses rent for $620 /pw with a 3.71% yield, while units rent for $552.5 /pw with a 4.35% yield. This rental performance is a key indicator of strong tenant demand within the Narre Warren South area.
Market Insights Last Updated: March 2026