Real Estate Nerrina, VIC, 3350 Ballarat

Thinking about buying in Nerrina? Now could not be a better time, with just 486 residential dwellings it's a highly sought after location.

The average property price for this area is $676,000 with prices in this suburb ranging from $108,000 to $1,404,000.

Distance to the coast is 72 Km.

Instant Valuation

Nerrina Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Nerrina are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Nerrina classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Nerrina 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. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

About

Household makeup

Median Weekly Rent $367.67
Median Monthly Mortgage $1786.67
Median Persons Per Bedroom 0.77
Average Household Size 2.67
Average Age 39.00
Average Income $1307.00
Average Cars Per Dwelling 3.08
Average Properties Within 50M 6.00

Typical Property Prices

3 Bed$507,500
4 Bed$793,398
5 Bed$1,056,136

Housing Stock

Houses for sale Nerrina

Buxton 112 LOFVEN ST, NERRINA, VIC, 3350 5 2 2 $890,000 - $920,000
Buxton 30 WARANGA ST, NERRINA, VIC, 3350 5 2 2 $1,050,000 - $1,150,000
Harcourts 6 ANDREWS CT, NERRINA, VIC, 3350 $320,000

Local Schools

Little Bendigo Primary School

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

Local Crime Rate

Incidents Trend State Average


Nerrina 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
Jan1.311.827.429.591.95.825.9
Feb1.412.226.135.593.95.821.7
Mar1.110.623.438.195.25.516.8
Apr1.57.818.649.596.94.812.3
May1.85.414.163.597.95.08.7
Jun1.93.611.274.099.04.97.2
Jul2.13.410.574.398.95.77.5
Aug1.93.311.665.198.45.610.4
Sept2.24.614.358.197.15.614.4
Oct1.66.518.149.696.45.419.8
Nov1.68.320.844.796.55.322.6
Dec1.310.324.633.793.85.625.5

source: Australian Government Bureau of Meteorology



Internet Speed

Fibre to the Premises

Fixed Wireless

Satellite


Nearby Suburbs

Brown HillBlack HillBallarat NorthBallarat EastEurekaInvermay ParkSoldiers HillBakery HillGong GongGlen Park

Public Transport

Clunes - Greater then 10KM Bullarto - Greater then 10KM Musk - Greater then 10KM Ballarat - Less than 5 KM Daylesford - Greater then 10KM Creswick - Greater then 10KM Ballan - Greater then 10KM

General Points of Interest

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