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Balnarring Beach
VIC, 3926 - Mornington Peninsula

Thinking about buying in Balnarring Beach? Now could not be a better time, with just 477 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $2,325,000 with prices in this suburb ranging from $888,000 to $6,983,000. Balnarring Beach is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Balnarring Beach 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 Beach 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 Beach 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 Beach 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 Beach 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 Beach a better buying opportunity than it may have been in the past.

Properties for sale Balnarring Beach

Belle Property 22 FERGUSON DR, BALNARRING BEACH, VIC, 3926 Beds3 Bathrooms2 Parking 1 $1,150,000
Harcourts 5 FETHERS RD, BALNARRING BEACH, VIC, 3926 Beds3 Bathrooms2 Parking 2 $1,100,000 - $1,200,000
Harcourts 2 FORESHORE RD, BALNARRING BEACH, VIC, 3926 Beds5 Bathrooms3 Parking 2 $2,000,000 - $2,200,000
Harcourts 69 BAYVIEW RD, BALNARRING BEACH, VIC, 3926 Beds3 Bathrooms2 Parking 2 $2,450,000

Local Schools

Balnarring Primary School

(While the above schools are located with the suburb of Balnarring Beach 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 Beach 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 BeachMerricksSomersBalnarringPoint LeoMerricks NorthHmas CerberusRed Hill SouthBitternShoreham

Public Transport


General Points of Interest

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