Narre Warren South at a glance
31,417
People
$866,500
Median sale
$609/wk
Median rent
3.65%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
VIC › Narre Warren South › Terrace Gardens
$900,000–$990,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
2
Car spaces
650 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$900,000–$990,000
Asking range · $1,385/m² of land
No recorded sale for this property.
Narre Warren South at a glance
31,417
People
$866,500
Median sale
$609/wk
Median rent
3.65%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
Vs Narre Warren South
+3.9%
Median sale
Suburb $866,500
-0.13 pp
Gross yield
Suburb 3.65%
Suburb median $866,500 from 66 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$54,980 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Narre Warren South's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $609/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 3.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Narre Warren South at a glance
31,417
People
$866,500
Median sale
$609/wk
Median rent
3.65%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Barry Plant Narre WarrenPositioned in a peaceful, terrace-style setting directly opposite parkland, this spacious family home offers a wonderful balance of space, functionality and lifestyle, with the added advantage of being moments from the very best of Berwick Springs.
From the moment you arrive, the home feels distinctly private and inviting. Framed by established gardens and an abundance of mature flora, the property creates a sense of calm rarely found in a family home. The park-facing position only enhances the feeling, providing a serene outlook and a genuine sense of escape from the everyday.
Inside, generous proportions and multiple living zones provide the flexibility modern families need. Designed with entertaining and family living in mind, the home brings together a spacious central kitchen, formal living and dining, and a seamless connection to the outdoors. The downstairs master suite adds an extra level of practicality, complemented by generous accommodation and excellent storage throughout.
For year-round comfort, the home is equipped with ducted heating and evaporative cooling, ensuring a comfortable environment through Melbourne’s changing seasons.
Step outside and the home truly comes alive. The backyard feels like your own private garden retreat, surrounded by established greenery and an abundance of flora. A covered pergola and expansive concrete entertaining area create the perfect setting for long lunches, relaxed afternoons or entertaining family and friends, while drive-through access adds an extra level of versatility.
The substantial double garage, additional storage and valuable space above the garage further enhance the home’s functionality, offering the kind of storage rarely found in homes of this style.
The location is where this home truly comes together. Berwick Springs Lake, walking tracks, parks and sporting facilities are only minutes away, while families are surrounded by excellent schooling options including Hillsmeade Primary School, Alkira Secondary College, St Francis Xavier College and St Catherine’s Catholic Primary School.
For shopping and everyday convenience, Casey Central Shopping Centre, Eden Rise Village, The Avenue Village and Westfield Fountain Gate are all within easy reach, providing supermarkets, retail, cafes, restaurants and essential services.
With easy access to the M1 freeway and major road networks, commuting throughout Melbourne’s south-east is straightforward, while still allowing you to return home to the peace and tranquillity of an established, park-facing neighbourhood.
A serene garden setting, generous family proportions and an exceptionally convenient location, this is Berwick Springs living at its best.
All information provided is deemed reliable but not guaranteed. Interested parties should conduct their own due diligence and verify all details independently. The agent and agency take no responsibility for any errors, omissions, or changes in the property's description.
Listing description written by Adam Mahmoud, Barry Plant Narre Warren — reproduced as published, not verified by Districts.
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