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Balnarring
VIC, 3926 - Mornington Peninsula

Thinking about buying in Balnarring? Now could not be a better time, with 1419 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,482,000 with prices in this suburb ranging from $464,000 to $9,166,000. Balnarring is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $452.20
Median Monthly Mortgage $2100.20
Median Persons Per Bedroom 0.78
Average Household Size 3.00
Average Age 44.40
Average Income $829.00
Average Cars Per Dwelling 2.13
Average Properties Within 50M 8

Housing Stock

Average Property Prices

1 Bed  $976,000
2 Bed  $1,209,000
3 Bed  $1,324,000
4 Bed  $1,907,000
5 Bed  $2,192,000
6 Bed+$2,326,000
Properties for sale in Balnarring
Instant Property Valuation

Balnarring Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Balnarring due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Balnarring provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Balnarring requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Balnarring we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Balnarring a better buying opportunity than it may have been in the past.

Houses for sale Balnarring

Harcourts 67 BITTERN-DROMANA RD, BALNARRING, VIC, 3926 Beds3 Bathrooms2 Parking 4 $4,600,000
Harcourts 349 STUMPY GULLY RD, BALNARRING, VIC, 3926 Beds5 Bathrooms2 Parking 8 $3,500,000 - $3,800,000

Local Schools

Balnarring Primary School

(While the above schools are located with the suburb of Balnarring there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Balnarring weather - Average Local Climate by month

(mm)
RAIN		Min (°C)
TEMP		Max (°C)
TEMP		Min (%)
HUMIDITY		Max (%)
HUMIDITY		 (m/sec)
WIND		 (MJ/sq m)
SOLAR
Jan1.413.824.746.686.53.624.7
Feb1.214.325.844.286.23.320.3
Mar1.413.023.646.487.13.015.4
Apr2.110.520.052.289.52.711.9
May2.48.416.757.889.32.98.4
Jun2.46.414.363.790.32.67.2
Jul2.06.213.761.488.73.17.4
Aug2.26.814.655.487.93.510.2
Sept2.47.817.249.788.63.514.4
Oct2.29.119.149.888.73.419.2
Nov2.111.021.150.688.63.222.4
Dec2.012.423.448.188.03.426.4

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Merricks NorthBalnarring BeachBitternSomersMerricks BeachMerricksTuerongCrib PointHmas CerberusRed Hill South

Public Transport

Leawarra - Greater then 10KM Somerville - Greater then 10KM Tyabb Station - Greater then 10KM Tankerton Jetty - Greater then 10KM Bittern Station - Less than 10 KM Cowes Jetty - Greater then 10KM Moorooduc - Greater then 10KM Mornington - Greater then 10KM Hastings - Less than 10 KM Stony Point Pier - Less than 10 KM

General Points of Interest

Devils Bend Golf Course - Less than 10 KM Hastings Bowling Club - Less than 10 KM Pelican Park Recreation Centre - Less than 10 KM Cerberus Golf Club - Less than 10 KM Hastings Pony Club - Less than 2 KM Cerberus Golf Club - Less than 10 KM Coolart Historic Homestead - Less than 5 KM Hickinbotham Winery - Less than 10 KM Rockpools - Less than 10 KM Red Hill Bike Park - Less than 10 KM

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