2/2-8 Victor CrescentNarre Warren VIC 3805
Property Details for 2/2-8 Victor Cres, Narre Warren
Last Listing description (May 2019)
Auction on site Thursday 9th May at 1PM.
Brilliant location with street frontage opposite Bunnings Warehouse.
Longterm tenant has exercised their option for a further 5 year period commencing 17th June 2019. Current rent is $49,757.64 net PA.
The quality list of neighboring tenants that drive foot traffic include Spotlight, Subway, Narre Warren Pharmacy, Barbecues Galore & RSEA.
Terms: 10% Deposit with balance in 60 days.
Property History for 2/2-8 Victor Cres, Narre Warren, VIC 3805
- 09 May 2019Sold for $950,000
- 03 Apr 2019Listed for Sale Not Disclosed
- 11 Oct 2017Listed for Sale Not Disclosed
Recent sales nearby
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0About Narre Warren 3805
The size of Narre Warren is approximately 14.0 square kilometres. There are 52 parks, covering nearly 9.0% of the total area. The population of Narre Warren in 2016 was 26621 people. By 2021 the population was 27689 showing a population growth of 4.0% in the area during that time. The predominant age group in Narre Warren is 30-39 years. Households in Narre Warren are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narre Warren work in a trades occupation.In 2021, 69.20% of the homes in Narre Warren were owner-occupied compared with 71.70% in 2016.
Narre Warren has 12,276 properties. Over the last 5 years, Houses in Narre Warren have seen a 11.63% increase in median value, while Units have seen a 22.96% increase. As at 31 August 2026:
- The median value for Houses in Narre Warren is $809,701 while the median value for Units is $584,217.
- Houses have a median rent of $580 while Units have a median rent of $530.
Suburb Insights for Narre Warren 3805
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