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3 Berkshire Place,
Narre Warren South VIC 3805

This property is Off Market

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


  • The Average property price in this area is $1,194,109, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 16.13 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Narre Warren South (East)

With an average age of 37, households expect an average monthly mortgage payment of $1,928 or a weekly rent payment of $450. The average family earns a weekly income of $2,202 with a typical household size of 3.7 and a 95.92% employment rate.

Consistent high demand relative to supply is a key feature in Narre Warren South driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Narre Warren South 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 South provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Narre Warren South requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Narre Warren South we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Narre Warren South a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 2%)

Are people healthy?

There are a recorded 1654 asthma sufferers and 583 people living with diabetes. In addition, 549 people have a heart/vascular condition and 910 people live with three or more chronic diseases.

A good place to invest in property?

Narre Warren South (East) 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

62 / 100

52 / 100

Industry

13 / 100

17 / 100

Population

48 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

35 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Hillsmeade Primary School Alkira Secondary College
  • Hillsmeade Primary School

    Narre Warren South, VIC, 3805 State Prep-6

  • Alkira Secondary College

    Cranbourne North, VIC, 3977 State 7-12

  • Trinity Catholic Primary School

    Narre Warren, VIC, 3805 Independent Prep-6


Property Story

3 Berkshire Place, Narre Warren South, Vic, 3805 is a residential property . The estimated distance to the sea is 16.13km and 0.72KM 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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