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Suburb Insights ยท VIC 3805

Narre Warren South 3805, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Narre Warren South is a regional centre in Victoria, Australia, with a population of approximately 30,909, making it a sizeable community. Located approximately 40 km from the Melbourne CBD, Narre Warren South is a regional area in Victoria. The median household income is $112,216 AUD per year (ABS 2021 Census).

Investment Score

70 / 100 Good

Narre Warren South benefits from a high-income resident base, supporting premium property pricing. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Narre Warren South, Victoria, Australia.

Key Indicators

Postcode
3805

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

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Population
30,909

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

ABS Census Data โ†’
Median Rent (weekly)
$401/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
$112,216/yr

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

ABS Census Data โ†’
Distance to CBD
40 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
8

Estimated 8 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
12

Estimated 12 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,937/mo

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

ABS Census Data โ†’
Dwelling Type
90% 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 South 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 $401/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $1,937/month. A median household income of $112,216/year supports premium property values and indicates a well-employed resident base. 90% 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 South over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

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

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Renovation / Flip

Renovation or flip strategies in Narre Warren South face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

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Full Property Analysis

30-year projections for Narre Warren South

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Strong

Capital growth in Narre Warren South may remain subdued in 2026, with limited demand drivers in the near term. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Narre Warren South remains on the radar of active property investors in Victoria.

Frequently Asked Questions

Is Narre Warren South a good suburb for investment?

Narre Warren South is a regional area in Victoria with a population of 30,909. The median rent is $401/week and the median household income is $112,216/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 South?

Key demand drivers in Narre Warren South include regional employment hubs, lifestyle, and affordability. 90% of dwellings are separate houses. The area has approximately 8 schools and 12 parks nearby.

What is the population of Narre Warren South?

According to the ABS 2021 Census, Narre Warren South has a population of approximately 30,909. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Narre Warren South from the Melbourne CBD?

Narre Warren South is approximately 40 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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