Narre Warren shows solid investment fundamentals worth investigating further. A vacancy rate of 1.2% in Narre Warren indicates a relatively balanced rental market with reasonable tenant demand. Days on market at 27 days suggest reasonable market activity.
Steady price growth of 8.8% over the past 12 months indicates a stable market with moderate appreciation. With a rental yield of 5.9%, income returns are above the national average. Building approvals in the area have declined 10.3% over the past 12 months, limiting future supply and supporting property values.
PropTime's composite model scores Narre Warren at 78/100, indicating good signal fundamentals with some factors to monitor.
Narre Warren is particularly suited to cashflow-focused investors. The 5.9% rental yield is above the national average, offering solid income potential.
Based on PropTime's analysis of 15 demand and supply indicators, Narre Warren scores 78/100 — a Good Signal signal. Key indicators include a 1.2% vacancy rate, 5.9% rental yield, and 8.8% price growth over the past 12 months. Create a free PropTime account to see the complete 15-factor breakdown and cashflow calculator pre-filled with Narre Warren data.
The current vacancy rate in Narre Warren is 1.2%. This represents a reasonably healthy rental market. Some vacancies exist but tenant demand remains solid.
The gross rental yield in Narre Warren is 5.9%. The Australian national average is approximately 4.5%, so Narre Warren is above average — a positive sign for cashflow investors. Use PropTime's free cashflow calculator to model the full weekly cashflow for Narre Warren.
PropTime's composite model scores Narre Warren at 78/100 as of May 2026. Price growth of 8.8% over the past 12 months reflects current market conditions. Create a free PropTime account to access the full 15-factor analysis for Narre Warren.
Narre Warren scores 78/100 on PropTime. Similar suburbs by score include Pakenham, Cranbourne, Berwick, all within the same VIC market.