1-2 Malanie Close, Narre Warren North, Vic 3804
$2,500,000 - $2,650,000
5 2 4
Open Saturday 27 June 1:50 pmOriginally a farming and pastoral district, the area served as a key agricultural hub for Melbourne's growing population in the 19th century. It remained largely rural until the late 20th century when it transitioned into a prestigious residential area for large-lot lifestyle properties.
Today, it is known as the 'Toorak of the South-East,' characterized by multi-million dollar mansions, equestrian facilities, and significant green wedges.
How this suburb feels day-to-day.
Dominant dwelling stock.
Typical entry to ceiling.
Narre Warren North offers a unique 'best of both worlds' scenario where residents enjoy rural tranquility while remaining within a 45-minute drive of Melbourne's CBD. It is a destination suburb for successful families graduating from standard suburban blocks.
$1.4m – $3.8m
N/A (Limited stock)
12-month movement
Current asking rents
The high median is a product of land value rather than just the dwelling. Buyers are purchasing significant land holdings which act as a hedge against inflation.
Price comparison
Median price ÷ median income
Estimated rental yield
This is a low-affordability suburb catering to high-wealth individuals. Entry-level buyers are typically priced out into Narre Warren or Cranbourne.
Lower = tighter market
Avg time on market
Annual rental increase
Executive families relocating or locals renovating their primary residence.
Poor for yield-seekers but excellent for long-term land banking. High holding costs make it a capital growth play only.
Expect steady growth outperforming standard suburban lots. The scarcity of 2,000sqm+ blocks within the metropolitan boundary will drive premium pricing.
vs last 12 months
Relative comparison
Check local police statistics via Crime Statistics Agency Victoria for specific street-level data.
Environmental factors are the primary concern, specifically bushfire and land stability on the slopes of the hills.
Low risk due to elevation, though localized runoff can affect lower-lying driveways.
High risk. Much of the suburb is within a Bushfire Management Overlay (BMO).
Expect higher premiums; some insurers may refuse cover for high-BAL rated timber structures.
BMO (Bushfire), EMO (Erosion), VPO (Vegetation Protection)
Very limited due to zoning protections; mostly single-dwelling replacements.
Strict overlays mean you cannot easily subdivide or build without significant environmental assessments.
Poor. Reliance on private vehicles is essential. Nearest rail is Narre Warren or Berwick.
Moderate. Local IGA and cafes exist, but major shopping requires a 10-minute drive.
Exceptional. Direct access to Lysterfield Park and Churchill National Park.
High quality. Local primary school is highly rated; secondary options are excellent in nearby Berwick.
Good. Close to Casey Hospital and St John of God Berwick.
An affluent, established community of professionals and business owners.
The high owner-occupancy rate contributes to excellent property maintenance and a stable, quiet community.
Development is largely restricted to maintain the 'Green Wedge' and semi-rural feel.
Residents value the peace, safety, and 'country feel' while being close to suburban conveniences. The main complaints involve traffic on main arterial roads and the lack of walkability.
Best place to raise kids. They have space to run and we are 5 minutes from Lysterfield Lake.
Building here was a challenge with the BMO requirements, but the view is worth every cent.
The Monash is a nightmare in the morning, and you can't get anywhere without a car.
I've never felt safer. Everyone knows their neighbors and looks out for each other.
The horse trails are world-class. It's a dream for anyone with animals.
Hard to find tenants who can afford the rent, but capital growth has been incredible.
Position the property as a 'private sanctuary' or 'lifestyle retreat.' Emphasize the rarity of the land size and the quality of the local community.
A long-term capital growth play rather than a cash-flow investment.
High entry price, low rental yield, and high maintenance costs.
Unmatched privacy and access to nature.
Total car dependency and limited local nightlife.
Must adhere to Victorian rental minimum standards, including heating and electrical safety.
The 'Toorak of the South-East' branding works well for high-end listings.
Established professionals, business owners, and multi-generational families.
This report is based on data available as of 2026-03-05. It is intended for informational purposes only and does not constitute financial, legal, or real estate advice. Buyers should conduct their own independent due diligence and consult with qualified professionals before making any property purchase.
Now
Before
$2,500,000 - $2,650,000
5 2 4
Open Saturday 27 June 1:50 pm
For sale by auction, unless sold prior
5 3 4
Open Saturday 27 June 1:00 pm Auction Saturday 1 August 3:00 pm
$2.4m to $2.6m - over 90 square under roofline
5 3 4
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