Nerrina VIC 3350

Here you can find what you need to know about Nerrina, 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

$580k Median Sale Price (National Average $485k) 376th In VIC
-9.02% Median Price Change (1 yr) (National Average 4.30%) 2684th In VIC
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Investment Strategy Scores

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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.

Nerrina, 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.

Nerrina, 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.

Nerrina, 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.

Property Prices in Nerrina


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State Auction Clearance Rates - July 2020

Auctions Clearance rate
VIC 275 65%
ACT 31 65%
NSW 324 62%
NT 2 100%
QLD 82 48%
SA 29 66%
TAS 1 0%
WA 9 33%

Local Schools


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Suburb Information

Nerrina, VIC 3350

Part of: Ballarat Council No data available

The size of Nerrina is approximately 6.8 square kilometres. It has 10 parks covering nearly 50.9% of total area. The population of Nerrina in 2011 was 849 people. By 2016 the population was 958 showing a population growth of 12.8% in the area during that time. The predominant age group in Nerrina is 50-59 years. Households in Nerrina are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nerrina work in a professional occupation. In 2011, 91.7% of the homes in Nerrina were owner-occupied compared with 90% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Nerrina

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Nerrina   for Houses in last 12 months


There have been 19 Houses sold in Nerrina in the past 12 months with a median sale price of $581K, up 8.5% annually. It takes on average 16 days to sell with vendor discounting of -0.05%.

Streets in Nerrina


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