Narre Warren North is a moderately sized suburb in Victoria within the Casey local government area (postcode 3804). It is home to about 8,033 residents, with a settled mid-life population and a median age of 42. Households earn a median income of $137K per year, with an average household size of 3.4 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.7% year-on-year at the LGA level. VIC employment has moved +0.8% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. VIC also had 41 Commonwealth-backed major projects under construction, 18 underway, and 24 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, managers. Employment in the area leans toward construction and retail trade. The top ancestries reported are Australian, English, Italian.
Narre Warren North has a median house price of $1.7 million, which has grown strongly by 6.6% year-on-year. The current median weekly rent is $580. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,212.
Narre Warren North is served by 5 schools, including 3 primary, 2 combined. The average ICSEA score is 1101, which is well above the national average of 1,000. Public transport access includes 22 bus stops. The crime rate in the Casey LGA is moderate at 7,323 incidents per 100,000 population.
Looking at the investment signals, Narre Warren North shows a gross rental yield of approximately 1.8%, rated as low yield. Property prices are above the state median ($1.7M/$850K), placing it in the premium segment. The price-to-income ratio of 12.3x is considered stretched. House prices have moved +6.6% year-on-year. Population growth of +2.7% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.