8 Valley Fair DriveNarre Warren VIC 3805
Property Details for 8 Valley Fair Dr, Narre Warren
Last Listing description (August 2021)
Attention all developers and investors an outstanding opportunity presents itself to develop this 721m2 block into a multi-level residential or office complex site (STCA). Situated only 200m from Narre Warren train station and Webb Street shopping strip and only a few hundred meters from Fountain Gate Shopping Centre and freeway access.
To find a site with endless opportunities is rare, so here's a chance to watch your investment grow $$$.
House has now being demolished, so all the hard work has been done!
Property History for 8 Valley Fair Dr, Narre Warren, VIC 3805
- 20 Aug 2021Listed for Sale Sold
- 20 Apr 2021Sold for $708,000
- 17 Nov 2020Listed for Sale $700,000 - $750,000
Recent sales nearby
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About 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 12,280 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
Market Insights
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