Back 577 Princes Highway
Off Market

577 Princes Highway

Narre Warren VIC 3805

3
2
1
1082 m²
House
Last sold for $860,000
Frankie LangridgeFrankie Langridge, last sold this property on 11 June 2026 after 56 days on market.

Overview

High-Exposure Site On 1,082sqm

Condition of entry: All visitors must register their attendance and show valid photo ID before inspecting the property. Commanding a prominent position on Princes Highway in Narre Warren, this substantial 1,082sqm (approx.) property presents a rare and compelling opportunity for investors, developers and forward-thinking buyers seeking scale, flexibility and long-term potential. Zoned General Residential Zone 1 (GRZ1), the site offers outstanding potential for a range of future outcomes (STCA), including multi-unit development and medical or professional suites. With strong passing traffic and excellent exposure, the property is exceptionally well suited to those looking to maximise both residential and commercial potential. The existing dwelling provides immediate holding income or a comfortable base while future plans are explored. Comprising three bedrooms, a central bathroom, multiple living zones and a functional kitchen/meals area, the home is complemented by ducted heating, split system cooling and a separate studio with its own toilet, ideal for additional accommodation or workspace. Outdoors, a paved entertaining area, low-maintenance yard and secure garage further enhance its current-day appeal. Positioned within moments of Westfield Fountain Gate, major retail and business precincts, public transport, quality schools and direct access to the Monash Freeway, the location underpins strong demand and future growth. This is a rare chance to secure a large-scale, high-profile site in one of the south-east's most tightly held and rapidly evolving pockets, ready to deliver both immediate return and significant future reward.

Features

3 bedrooms
2 bathrooms
1 carspace
1082 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Narre Warren over the last 12 months, the estimated median property value of 577 Princes Highway is $775k.

Median value
$775k
Estimated value range
$580k - $1.2m
Median days on market
22
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Narre Warren. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 577 Princes Highway

2026
Sold
$860,000
Private Sale/Treaty on 11 Jun 2026 by Frankie Langridge, of Peake Real Estate
2017
Sold
$800,000
Private Sale/Treaty on 31 Jul 2017 by Matthew Saliba, of Grant's Estate Agents - Narre Warren
2015
Sold
Undisclosed
30 Mar 2015 by Damien Towner, of Grant's Estate Agents - Berwick

Happy sellers in Narre Warren

87%
87% of sellers in Narre Warren reported that their sale price either exceeded or met their price expectations.

Narre Warren stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 50 reviews in Narre Warren over the last 12 months.

Local market activity for 3 bedroom houses in Narre Warren

In the last 12 months, 215 three-bedroom houses similar to 577 Princes Highway, have been sold.

This represents a 3% increase in three-bedroom houses sales when compared to the previous 12 months.

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