Balnarring Beach, VIC 3926
Compare Part of Mornington Peninsula
65.46 km
Distance from Melbourne CBD
3 k
Population
Auction Times
Sat 5 Oct | Auction Time | Agency | |
|---|---|---|---|
 | 2 Barretts Road 4 2 3 House | 2:00 PM Sat 5th Oct | Homes and Acreage |
Median Sale Price
House
-
Updated on Jul 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Jul 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $970,000 | 0.0% | $580,000 | $1,800,000 | 7 |
| 2010 | $895,000 | -8.4% | $460,000 | $1,700,000 | 22 |
| 2011 | $620,000 | -44.4% | $460,000 | $3,785,000 | 13 |
| 2012 | $635,000 | +2.4% | $266,000 | $1,800,000 | 12 |
| 2013 | $750,000 | +15.3% | $440,000 | $2,250,000 | 18 |
| 2014 | $765,000 | +2.0% | $615,000 | $2,825,000 | 13 |
| 2015 | $850,000 | +10.0% | $510,000 | $2,500,000 | 14 |
| 2016 | $980,000 | +13.3% | $685,000 | $4,150,000 | 15 |
| 2017 | $946,000 | -3.6% | $805,000 | $4,625,000 | 13 |
| 2018 | $1,100,000 | +14.0% | $805,000 | $3,600,000 | 13 |
| 2019 | $1,310,500 | +16.1% | $1,100,000 | $3,640,000 | 6 |
| 2020 | $1,250,000 | -4.8% | $1,010,000 | $4,350,000 | 20 |
| 2021 | $1,813,000 | +31.1% | $1,125,000 | $4,400,000 | 13 |
| 2022 | $4,500,000 | +59.7% | $1,600,000 | $7,515,888 | 9 |
| 2023 | $2,400,000 | -87.5% | $1,125,000 | $7,625,000 | 10 |
| 2024 | $1,570,000 | -52.9% | $1,025,000 | $3,800,000 | 9 |
Median Sale Price
$1.65M
Based on 11 recorded sales within the last 12 months
Updated on 27 Sep 2024
Suburb Growth
-53.9%
Current Median Price: $1,650,000
Previous Median Price: $2,540,000
Based on 21 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2024)
Price Range Segments (12 months ending Aug 2024)
Median Weekly Rent Price
House
-
Updated on Jul 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Jul 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $350 | 0.0% | $315 | $380 | 8 |
| 2012 | $380 | +7.9% | $325 | $410 | 4 |
| 2013 | $350 | -8.6% | $250 | $425 | 4 |
| 2014 | $300 | -16.7% | $250 | $1,200 | 6 |
| 2015 | $330 | +9.1% | $255 | $4,128 | 6 |
| 2016 | $520 | +36.5% | $370 | $645 | 5 |
| 2017 | $420 | -23.8% | $360 | $545 | 6 |
| 2018 | $400 | -5.0% | $395 | $1,110 | 4 |
| 2019 | $485 | +17.5% | $395 | $1,750 | 5 |
| 2020 | $580 | +16.4% | $440 | $1,200 | 8 |
| 2021 | $720 | +19.4% | $460 | $850 | 4 |
| 2022 | $1,250 | +42.4% | $490 | $1,995 | 6 |
| 2023 | $725 | -72.4% | $550 | $950 | 4 |
| 2024 | $850 | +14.7% | $500 | $900 | 4 |
Median Rent Price
$850
per week
Based on 4 recorded rent within the last 12 months
Updated on 27 Sep 2024
Rent Price Growth
+14.7%
Current Median Rent: $850
Previous Median Rent: $725
Based on 8 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.7%
Current Median Price: $1,650,000
Current Median rent: $850
Based on 15 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2024)
Auction Results For Balnarring Beach
Houses sold in Last 12 months ends 21 Sep 2024
$0M
Median Sale Price
0%
Clearance Rate
0/1
Sold/Reported
$0M
Highest Sale Price
Schools closest to Balnarring Beach, VIC 3926
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Balnarring Primary School | 1 CIVIC COURTBalnarring 3926 | Primary | Government | 1.53 km |