Market snapshot
Suburb insights for Balnarring3926
Change suburbBalnarring is located 63 km south of the CBD. Located along the shores of Western Port Bay Balnarring is dominated by large tracts of open space and agricultural land. The suburb is sparsely populated although there are a significant number of holiday homes found along the Balnarring Beach Merricks Beach and Somers areas. The suburb is traversed by Merricks Creek and features significant areas of reserves such as the Wetlands surrounding Coolart Homestead.
Sales data
Median sale price
$1.3mil
Annual price change
-23.5%
Metro Melbourne Comparison
$916k
-3.2%
| Bedrooms | Balnarring | Metro comparison |
|---|---|---|
| 2 | - | $902,000 |
| 3 | $1,255,000 | $807,500 |
| 4 | - | $950,000 |
| Insight | Balnarring | Metro comparison |
|---|---|---|
| Clearance rate | 73.3% | |
| Days on market | 78.5 | 42 |
Rental data
Median weekly rent
-
Rental yield
-
Metro Melbourne Comparison
$575
3.3%
| Bedrooms | Balnarring | Metro comparison |
|---|---|---|
| 2 | - | $560 |
| 3 | - | $550 |
| 4 | - | $595 |
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