First National Property Magazine July 2025

Page 1


Front Cover: 945 Toomuc Valley Road, Pakenham Upper
Inside Cover: 39 Stonefox Circuit, Clyde North

04

NARRE WARREN NOW! THE MARKET IS MOVING, ARE YOU?

24

LEASED IN JUNE Leasing Statistics For June 2025

25

SIGNS OF STABILITY EMERGING IN THE LOCAL RENTAL MARKET

NARRE WARREN NOW: THE MARKET’S MOVING

– ARE YOU?

If you’ve been wondering what’s really happening in the Narre Warren real estate market… the answer is: a lot. Strong buyer interest, standout sales, and limited supply are creating ideal conditions for local homeowners thinking of selling.

At First National Real Estate Neilson Partners, we’re seeing real movement — and real results. Whether it’s first-home buyers, upsizers, or savvy investors, buyer interest is strong and growing. Here are just a few of our recent success stories:

2 Elizabeth Court, Narre Warren

Sold for $739,000 | 16 written offers!

► Buyers were lining up — and when only one could win, we helped two others secure properties off-market.

1 Greenmount Close, Narre Warren

Sold for $667,000 | Off-market sale

► Snapped up by one of the underbidders from Elizabeth Court.

46 Anaconda Road, Narre Warren

Sold for $695,000 | Off market sale

► Matched off market through our exclusive buyer database.

9 Fountain Drive, Narre Warren

Sold for $870,000 | Top end of price range

► 5-bed renovated home

13 Opal Court, Narre Warren

Sold for $750,000

► Sold above the price range of $680K–$740K

34 Tarcoola Drive, Narre Warren

Sold for $746,000

► Exceeded seller expectations

9 Fountain Drive, Narre Warren

Let’s talk selling off-market

We’ve helped multiple sellers find serious buyers - without ever going public - by tapping into our exclusive database of qualified, motivated buyers. The benefits of selling off-market include:

• Lower marketing costs

• Less disruption to your day-to-day life

• Pre-qualified, ready-to-act buyers

What our clients say about the agents driving results in Narre Warren

“We are kindly thanking Jonathan Mallas from the Berwick office for his great job and professionalism while selling our investment property in Narre Warren. The whole process went smoothly and without any hassle.”

- Amir & Rozika, Sellers of 1 Greenmount Close, Narre Warren

“Sachin is definitely a master at his trade. He made the whole selling process feel very simple, well communicated and stress-free... hardworking and persistent to get the result we asked for.”

- Owners of 34 Tarcoola Drive, Narre Warren

Are you ready to find out what your Narre Warren property is worth?

If you’re curious about your property’s current market value or want to explore a sale without upfront advertising costs, now is the perfect time. With buyers already waiting, you could sell offmarket for a great result, quickly and quietly.

Your next chapter could be closer than you think.

13 Opal Court, Narre Warren
2 Elizabeth Court, Narre Warren

RANGING IN SIZE FROM 4m² - 34m²

Solutions for all your storage needs.

Competitive Rates

Short or long term leases available

Modern, clean units

24 hour video surveillance

Easy access

100 Enterprise Avenue, Berwick

SCARLET CRESCENT $540PW

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CRANBOURNE WEST

SIGNS OF STABILITY EMERGING IN THE LOCAL RENTAL MARKET

While headlines continue to highlight the steep rent increases experienced over the past two years, at First National Neilson Partners we’re starting to see a shift on the ground in our local rental markets. Stabilisation is becoming more evident, with rental prices levelling out and increases now appearing far more moderate than the media might suggest.

We’ve noticed a cooling in demand. We’re seeing fewer applications being submitted per property, and those received are showing a variation in quality, particularly when it comes to positive rental history and affordability. This reflects a broader shift: renters are being more selective, and some are reaching the upper limits of what they can reasonably pay.

Understanding and responding to these localised market changes is crucial. By actively managing supply and demand, through strategic pricing, well-timed marketing, and proactive lease renewals, First National Neilson Partners can mitigate the risk of prolonged vacancies.

With vacancy rates on the rise across Victoria, staying ahead of the curve is more important than ever.

Our aim is to keep your investment always performing at its best, even as the property landscape changes. We’ll continue monitoring the data closely and adjusting our approach to ensure your property remains competitive and consistently leased.

WE PUT YOU FIRST.

It

is SIMPLE AND FREE to switch to a PROFESSIONAL Property Management service.

“Working with Caitlin was an absolute pleasure. Her knowledge and expertise made the process smooth and easy to understand for us. Excellent agent with wonderful service. Overall a great experience. Thank you Caitlin and team!”

- Cimolina | Rental Provider

“It has been a pleasure working with Caitlin and Maddy. The buying and renting process has been very smooth, and less stressful due to their commitment, good communitcation and patience with me. I highly recommend their service”

- Pradeepa | Rental Provider

NARRE WARREN
BERWICK PAKENHAM

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