Balnarring, VIC 3926
Compare Part of Mornington Peninsula
63.88 km
Distance from Melbourne CBD
3 k
Population
Auction Times
Sat 30 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 53 Hunts Road 4 2 2 Acreage/semi-rural | 12:30 PM Sat 30th Nov | Roberts and Green Real Estate |
 | 1 Hurley Court 4 2 8 House | 3:00 PM Sat 30th Nov | Biggin & Scott |
Median Sale Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $425,000 | 0.0% | $230,000 | $1,140,000 | 30 |
| 2010 | $580,000 | +26.7% | $271,000 | $2,250,000 | 43 |
| 2011 | $525,000 | -10.5% | $355,000 | $1,660,000 | 28 |
| 2012 | $560,000 | +6.3% | $370,000 | $3,800,000 | 56 |
| 2013 | $547,500 | -2.3% | $225,000 | $1,850,000 | 71 |
| 2014 | $555,000 | +1.4% | $305,000 | $1,301,500 | 58 |
| 2015 | $650,000 | +14.6% | $390,000 | $2,567,000 | 34 |
| 2016 | $710,000 | +8.5% | $495,000 | $2,676,050 | 46 |
| 2017 | $815,000 | +12.9% | $550,000 | $2,375,000 | 51 |
| 2018 | $811,000 | -0.5% | $650,000 | $3,354,000 | 36 |
| 2019 | $895,000 | +9.4% | $670,000 | $6,250,000 | 32 |
| 2020 | $1,000,000 | +10.5% | $645,000 | $1,876,000 | 32 |
| 2021 | $1,275,000 | +21.6% | $520,000 | $4,118,000 | 49 |
| 2022 | $1,375,000 | +7.3% | $1,050,000 | $3,500,000 | 35 |
| 2023 | $1,260,000 | -9.1% | $825,000 | $3,350,000 | 31 |
| 2024 | $1,300,000 | +3.1% | $850,000 | $3,050,000 | 35 |
Median Sale Price
$1.3M
Based on 37 recorded sales within the last 12 months
Updated on 21 Nov 2024
Suburb Growth
+1.9%
Current Median Price: $1,300,000
Previous Median Price: $1,275,000
Based on 69 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $320 | 0.0% | $275 | $450 | 16 |
| 2012 | $390 | +17.9% | $310 | $700 | 14 |
| 2013 | $370 | -5.4% | $220 | $450 | 17 |
| 2014 | $425 | +12.9% | $350 | $460 | 6 |
| 2015 | $385 | -10.4% | $300 | $1,450 | 19 |
| 2016 | $440 | +12.5% | $310 | $1,500 | 22 |
| 2017 | $500 | +12.0% | $395 | $1,250 | 15 |
| 2018 | $595 | +16.0% | $380 | $2,260 | 17 |
| 2019 | $530 | -12.3% | $420 | $2,716 | 17 |
| 2020 | $550 | +3.6% | $420 | $850 | 14 |
| 2021 | $590 | +6.8% | $375 | $590 | 2 |
| 2022 | $695 | +15.1% | $425 | $1,450 | 23 |
| 2023 | $760 | +8.6% | $500 | $1,900 | 15 |
| 2024 | $700 | -8.6% | $520 | $1,000 | 15 |
Median Rent Price
$700
per week
Based on 17 recorded rent within the last 12 months
Updated on 21 Nov 2024
Rent Price Growth
-8.6%
Current Median Rent: $700
Previous Median Rent: $760
Based on 30 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.8%
Current Median Price: $1,300,000
Current Median rent: $700
Based on 54 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)
Auction Results For Balnarring
Houses sold in Last 12 months ends 16 Nov 2024
$0M
Median Sale Price
100%
Clearance Rate
1/1
Sold/Reported
$0M
Highest Sale Price
Schools closest to Balnarring, VIC 3926
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Balnarring Primary School | 1 CIVIC COURTBalnarring 3926 | Primary | Government | 0.14 km |