FairSquare analyses every Australian suburb for property investors — score, yield, risk and a full investment verdict.
FairSquare's model rates Narre Warren South, Victoria 7.0 out of 10 (Steady Buy) as of May 2026.
The extremely low 1% vacancy rate in Narre Warren South signals robust tenant demand and income consistency within this outer-Melbourne family-oriented market. This strong rental environment, coupled with a solid 6.3% capital growth over the past year, positions the suburb as a steady buy for investors seeking both reliable returns and appreciation.
The median price is derived, not estimated. Every number on this page traces back to the model's proprietary yield surface — calibrated for each part of the country and resolved against distance from CBD. The price falls out of the formula.
Inputs for this suburb sit at the top of our calibration tier. The model is not guessing.
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Unlock 9 signals — A$25 →FairSquare's model rates Narre Warren South, Victoria 7.0 out of 10 (Steady Buy) as of May 2026. The extremely low 1% vacancy rate in Narre Warren South signals robust tenant demand and income consistency within this outer-Melbourne family-oriented market. This strong rental environment, coupled with a solid 6.3% capital growth over the past year, positions the suburb as a steady buy for investors seeking both reliable returns and appreciation.
The median house price in Narre Warren South, VIC is $860K. Weekly rent of $616 against a 3.7% gross yield underpins this figure.
Narre Warren South has a gross rental yield of 3.7%, with a median weekly rent of $616. 12-month price growth is tracking at +6.3%.
Based on its market signals, Narre Warren South aligns with: Long Hold.