Balnarring Beach VIC 3926

Here you can find what you need to know about Balnarring Beach, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$1m Median Sale Price (National Average $485k) 170th In VIC
14.61% Median Price Change (1 yr) (National Average 4.30%) 276th In VIC
$415pw Median Rent (National Average $395) 395th In VIC
2.1% Median Gross Yield (National Average 4.24%) 967th In VIC
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Properties sold 11
Average discounting -6.32%
Average Days on Market 48
Stock on Market 5 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Balnarring Beach, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Balnarring Beach, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Balnarring Beach, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Balnarring Beach


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State Auction Clearance Rates - March 2019

Auctions Clearance rate
VIC 920 52%
ACT 74 49%
NSW 638 54%
NT 9 12%
QLD 104 38%
SA 105 53%
TAS 6 0%
WA 28 26%

Local Schools


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Suburb Information

Balnarring Beach, VIC 3926

Part of: Mornington Peninsula Council No data available

The size of Balnarring Beach is approximately 1.5 square kilometres. It has 9 parks covering nearly 9.7% of total area. The population of Balnarring Beach in 2011 was 354 people. By 2016 the population was 425 showing a population growth of 20.1% in the area during that time. The predominant age group in Balnarring Beach is 60-69 years. Households in Balnarring Beach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Balnarring Beach work in a professional occupation. In 2011, 81.4% of the homes in Balnarring Beach were owner-occupied compared with 84.8% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Balnarring Beach

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Balnarring Beach   for Houses in last 12 months


There have been 10 Houses sold in Balnarring Beach in the past 12 months with a median sale price of $1M, up 15.47% annually. It takes on average 68 days to sell with vendor discounting of -6.41%.

Streets in Balnarring Beach


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Balnarring VIC, 3926 9.85% $825,000 $600pw 3.8% View Suburb Profile
Merricks Beach VIC, 3926 58.83% $1,325,000 $493pw 1.9% View Suburb Profile
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Draper QLD, 4520 -1.23% $900,000 Unavailable Unavailable View Suburb Profile