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48 Memorial Drive,
Narre Warren North VIC 3804

This property is Off Market

All about Narre Warren North Homes for sale in Narre Warren North


  • The Average property price in this area is $2,133,895, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 19.25 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Narre Warren North

With an average age of 44, households expect an average monthly mortgage payment of $2,000 or a weekly rent payment of $375. The average family earns a weekly income of $2,770 with a typical household size of 3.2 and a 96.62% employment rate.

Consistent high demand relative to supply is a key feature in Narre Warren North driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Narre Warren North ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Narre Warren North provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Narre Warren North necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Narre Warren North the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 2%)

Are people healthy?

There are a recorded 872 asthma sufferers and 397 people living with diabetes. In addition, 413 people have a heart/vascular condition and 565 people live with three or more chronic diseases.

A good place to invest in property?

Narre Warren North a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

66 / 100

52 / 100

Industry

07 / 100

17 / 100

Population

31 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

31 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Narre Warren North Primary School Fountain Gate Secondary College

Property Story

48 Memorial Drive, Narre Warren North, Vic, 3804 is a residential property . The estimated distance to the sea is 19.25km and 0.9KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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