539 Princes HighwayNarre Warren VIC 3805
Property Details for 539 Princes Hwy, Narre Warren
Last Listing description (May 2017)
Prominently positioned with Princes Highway frontage is this exceptional opportunity for an astute purchaser looking for potential. Not only Ideal for development S.T.C.A this property is also the perfect design for any small business owners or consultants that can operate under general residential zone. The current residence offers a very solid brick veneer residence comprising of 3 generous bedrooms, renovated bathrooms, large lounge room that would make the perfect waiting room plus a sizeable kitchen & meals zone and a double garage. With a few small alterations to the exterior there would be ample space for multiple car parks and most of all the property is in a very well maintained condition. Located within only a short walk to Fountain Gate Shopping centre, Webb Street and train and bus services. This property is a one of a kind in the current market. Inspection a must-WILL BE SOLD!!
Property History for 539 Princes Hwy, Narre Warren, VIC 3805
- 03 Jun 2024Sold for $1,575,000
- 11 Feb 2017Sold for $665,002
- 12 Jan 2017Listed for Sale Auction
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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 12,256 properties. Over the last 5 years, Houses in Narre Warren have seen a 17.95% increase in median value, while Units have seen a 29.62% increase. As at 30 June 2026:
- The median value for Houses in Narre Warren is $836,415 while the median value for Units is $598,166.
- Houses have a median rent of $580 while Units have a median rent of $530.
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