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Profiles
Nearby Suburbs
Real Estate Market: Is Narracan VIC 3824 a Good Suburb to Buy Into?
Housing Market in Narracan
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| $503 | Bottom 28% |
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| Premium | Premium | Premium |
Housing Supply in Narracan
The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Narracan
34.3%
Narracan
34.3%
Latrobe
33.6%
Latrobe
33.6%
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 427 | Top 10% |
|
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| 0.0 | Bottom 10% | Data for Jul 2023 | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 2 lots | Bottom 18% | Data for Jun 2021 | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 1 | Top 44% |
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Housing Stock Quality in Narracan
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 100.0% | Top 31% | Data for Jan 2021 | ||
| 2.4 | Bottom 42% |
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| 0.0% | Bottom 37% | Data for Jun 2023 |
Development Restrictions in Narracan
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023
Narracan
41.8%
Narracan
41.8%
Latrobe
30.6%
Latrobe
30.6%
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 0.2 sq km | Top 28% | Data for Jun 2023 |
Risk in Narracan
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Narracan
36.5
Narracan
36.5
Latrobe
36.1
Latrobe
36.1
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 27 | Bottom 31% | Data for Jun 2023 | ||
| 83 | Top 21% | Data for Jun 2023 | ||
| 82 | Top 16% | Data for Jun 2023 | ||
| 33.3% | Top 9% |
|
Housing Demand in Narracan
The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
Narracan
44.7%
Narracan
44.7%
Latrobe
55.8%
Latrobe
55.8%
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 9830 | Bottom 38% |
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| 60800 | Bottom 45% |
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| Premium | Premium | Premium | ||
| 65600 | Top 22% |
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| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium |
Unit Market in Narracan
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| $325 | Bottom 5% |
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| Premium | Premium | Premium | ||
| 75.7% | Top 49% |
|
LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Baw Baw |
Percent of Renters by Street (14)
| Percent of Renters | Street |
|---|---|
| 0.0% | Coalville Rd |
| 100.0% | Crowes Rd |
| 1.9% | Falls Rd |
| 31.2% | Forsyth Rd |
| 0.0% | Lilleys Rd |
Turnover Rate by Street (13)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 100.0% | Morwell-Thorpdale Rd | high turnover | Every 10.0 years (high turnover) | 2025 |
| 127.8% | Weirs Rd | very high turnover | Every 7.8 years (very high turnover) | 2025 |
| 233.3% | Forsyth Rd | very high turnover | Every 4.3 years (very high turnover) | 2025 |
| 150.0% | School Rd | very high turnover | Every 6.7 years (very high turnover) | 2025 |
| 128.6% | Narracan Connection Rd | very high turnover | Every 7.8 years (very high turnover) | 2025 |
Planning Applications: Other (3)
| Headline | Place | Date |
|---|---|---|
| Use Land for a Brewery and Cellar Door (Licensed Premises) - Baw Baw Shire Council PLA0181/23 | 117 Narracan Connection Road Narracan VIC 3824, VIC | 13 Aug 2024 |
| Include the Use & Development of the land for Group Accommodation - Baw Baw Shire Council AMD0008/22 | 1235 Coalville Road Narracan VIC 3824 , VIC | 20 May 2022 |
| Removal of existing easement on Title - Streamlined Planning through Electronic Applications and Referrals S185800T | Narracan Avenue, Narracan VIC 3824 | 21 Nov 2021 |
Businesses (1)
| Name | Address |
|---|---|
| Love's Timber | 1107 McDonalds Track, Narracan VIC 3824, Australia |
Recently Sold Houses (47)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 1044 Coalville Rd | $845,000 | 3.0 | 2.0 | 4.0 | 24 Jan 2025 | 0 | On Market |
| 24 Schofields Rd | $700,000 | 3.0 | 1.0 | 3.0 | 21 Aug 2024 | 0 | On Market |
| 164 Narracan Connection Rd | $820,000 | 4.0 | 2.0 | 2.0 | 16 Jul 2024 | 0 | On Market |
| 2 Forsyth Rd | $820,000 | 4.0 | 2.0 | 2.0 | 02 Jul 2024 | 0 | On Market |
| 392 Narracan Connection Rd | Price Withheld | 1.0 | 1.0 | 0.0 | 13 Jan 2024 | 0 | On Market |
Median Unit Sale Prices by Street (1)
| Date | Median sale value | Street |
|---|---|---|
| 10 May 2024 | $476,000 | Narracan Connection Rd |
Median House Sale Prices by Street (40)
| Street | Date | Median sale value |
|---|---|---|
| Coalville Rd | 06 Oct 2023 | $1,241,000 |
| Narracan Connection Rd | 06 Oct 2023 | $1,554,000 |
| Weirs Rd | 06 Oct 2023 | $975,000 |
| Mcdonalds Trk | 06 Oct 2023 | $960,000 |
| Falls Rd | 06 Oct 2023 | $938,900 |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| 765 Moe South Rd | Price Withheld | 5 | 2 | 2 | 10 Jan 2025 | 0 |
| 765 Moe South Rd | $650 | 5 | 2 | 2 | 10 Jan 2025 | 0 |
| 765 Moe South Rd | $650 | 5 | 2 | 2 | 10 Jan 2025 | 0 |
| 765 Moe South Rd | $650 | 5 | 2 | 2 | 10 Jan 2025 | 0 |
| 765 Moe South Rd | Price Withheld | 5 | 2 | 2 | 10 Jan 2025 | 0 |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| 2 Forsyth Rd | $820,000 | 4.0 | 2.0 | 2.0 | 02 Jul 2024 | On Market |
| 2 Forsyth Rd | $820,000 | 4.0 | 2.0 | 2.0 | 02 Jul 2024 | On Market |
| 2 Forsyth Rd | $820,000 | 4.0 | 2.0 | 2.0 | 02 Jul 2024 | On Market |
| 2 Forsyth Rd | $820,000 | 4.0 | 2.0 | 2.0 | 02 Jul 2024 | On Market |
| 2 Forsyth Rd | $820,000 | 4.0 | 2.0 | 2.0 | 02 Jul 2024 | On Market |
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