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Suburb Insights ยท VIC 3804

Narre Warren North 3804, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Narre Warren North is a regional centre in Victoria, Australia, with a population of approximately 8,033, making it a smaller community. Located approximately 36 km from the Melbourne CBD, Narre Warren North is a regional area in Victoria. The median household income is $136,968 AUD per year (ABS 2021 Census).

Investment Score

67 / 100 Good

Narre Warren North benefits from a high-income resident base, supporting premium property pricing. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Narre Warren North, Victoria, Australia.

Key Indicators

Postcode
3804

Official Australia Post postcode for Narre Warren North. A postcode may cover multiple suburbs.

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Population
8,033

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$410/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$136,968/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
36 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
2

Estimated 2 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
3

Estimated 3 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,212/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
96% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Narre Warren North serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $410/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,212/month. A median household income of $136,968/year supports premium property values and indicates a well-employed resident base. 96% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Holding property in Narre Warren North over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Rental yields in Narre Warren North are moderate โ€” screen for properties that offer above-average returns.

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Renovation / Flip

The resale market in Narre Warren North may not support quick-turnaround renovation projects.

Risk Factors

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Full Property Analysis

30-year projections for Narre Warren North

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Moderate

Capital growth in Narre Warren North may remain subdued in 2026, with limited demand drivers in the near term. The rental market in Narre Warren North should see steady occupancy, with moderate upward pressure on rents. The market mood around Narre Warren North is balanced โ€” neither bullish nor bearish heading into 2026.

Frequently Asked Questions

Is Narre Warren North a good suburb for investment?

Narre Warren North is a regional area in Victoria with a population of 8,033. The median rent is $410/week and the median household income is $136,968/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Narre Warren North?

Key demand drivers in Narre Warren North include regional employment hubs, lifestyle, and affordability. 96% of dwellings are separate houses. The area has approximately 2 schools and 3 parks nearby.

What is the population of Narre Warren North?

According to the ABS 2021 Census, Narre Warren North has a population of approximately 8,033. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Narre Warren North from the Melbourne CBD?

Narre Warren North is approximately 36 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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