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Investment Property Balnarring, VIC, 3926

Suburb Snapshot

Balnarring is a suburb in the Mornington Peninsula Region of Victoria. Balnarring has a population of 2,270 people and 10.44% of its occupants live in rental accommodation. The median listing price for houses is $1,465,000 and this has changed 1.03% over the past year and changed 5.77% over 2 years.

The median rent in Balnarring for houses is $750 per week and the median rental yield is 2.66%. Stock on the market for houses/townhouses has changed 9.52% compared to last year and the average time to sell a house/townhouse is 119 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Balnarring is NA per week, producing a rental yield of NA.

Supply & Demand in Balnarring, Mornington Peninsula

0.38%

Current vacancy rate


4

Rental stock available


2,270

Population


10.44%

Rental population


0.56%

Current vacancy rate


541

Rental stock available


154,997

Population


14.32%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Balnarring, Mornington Peninsula

  House Townhouses Units
Median listing price $1,465,000 NA NA
Median price change - last quarter 0.34% NA NA
Median price change - 1 year 1.03% NA NA
Median price change - 2 years 5.77% NA NA
  House Townhouses Units
Median weekly rent $750 NA NA
Median yield % 2.66% NA NA
Median rent change - 1 year -2.60% NA NA
  House Units
Previous month sales 4 0
Stock on market previous month 23 4
Stock variance vs. last year 9.52% 100.00%
Average days on market 119 NA

Balnarring investment property listings

Showing 1 of 1 investment properties found in Balnarring on realestateinvestar.com.au

2998 Frankston Flinders Rd, Balnarring

$2,100,000

property pic

Investment with Secure Lease in Prime Position

An outstanding opportunity to secure a high-exposure investment, offered to the market for the first time since 2012. Perfectly located with dual street frontage and exceptional accessibility, this property offers stable rental income backed by a long-term lease. Property Highlights: Prominent ...

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Commercial

VIC 3926


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