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 |
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
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22 BALNARRING BEACH RD, BALNARRING, VIC, 3926 |  4 |
 3 |
 2 |
Private Sale - $1,800,000 - $1,950,000 |
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
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 | |
|---|---|---|---|---|---|---|---|
| Jan | 1.4 | 13.8 | 24.7 | 46.6 | 86.5 | 3.6 | 24.7 |
| Feb | 1.2 | 14.3 | 25.8 | 44.2 | 86.2 | 3.3 | 20.3 |
| Mar | 1.4 | 13.0 | 23.6 | 46.4 | 87.1 | 3.0 | 15.4 |
| Apr | 2.1 | 10.5 | 20.0 | 52.2 | 89.5 | 2.7 | 11.9 |
| May | 2.4 | 8.4 | 16.7 | 57.8 | 89.3 | 2.9 | 8.4 |
| Jun | 2.4 | 6.4 | 14.3 | 63.7 | 90.3 | 2.6 | 7.2 |
| Jul | 2.0 | 6.2 | 13.7 | 61.4 | 88.7 | 3.1 | 7.4 |
| Aug | 2.2 | 6.8 | 14.6 | 55.4 | 87.9 | 3.5 | 10.2 |
| Sept | 2.4 | 7.8 | 17.2 | 49.7 | 88.6 | 3.5 | 14.4 |
| Oct | 2.2 | 9.1 | 19.1 | 49.8 | 88.7 | 3.4 | 19.2 |
| Nov | 2.1 | 11.0 | 21.1 | 50.6 | 88.6 | 3.2 | 22.4 |
| Dec | 2.0 | 12.4 | 23.4 | 48.1 | 88.0 | 3.4 | 26.4 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
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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