OFF MARKET

124 Balnarring Road
Balnarring VIC 3926

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 166m2
Land area: 218531m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 2 Sep 2024
Low

High
Save

Property Details for 124 Balnarring Rd, Balnarring

124 Balnarring Rd, Balnarring is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 218531m2 and floor size of 166m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
House
Year Built
1980
Floor Size
166m2
Land Size
218531m2
Local Government
Mornington Peninsula
Lot/Plan
2/PS500194

Last Listing description (November 2023)

Setting the foundations for a refined rural life on the very edge of Balnarring Village, this inspired 54-acre (approx.) property provides an entirely blank canvas for varied farming, events or equestrian ventures, centred around an exquisite 3-bedroom plus study residence, wonderfully revitalised for a fanciful life of leisure and relaxation.

An entirely flat landscape melds into the lush tributaries of Merricks Creek at the rear, featuring the beginnings of a sophisticated equestrian property with 7x loose boxes and a machinery shed (2 stables, workshop) lining the central stone driveway. There's significant space beyond for additional equestrian or farming amenities, including cattle paddocks, stockyards and arenas.

The rejuvenated ranch-style residence is a vibrant delight with its reimagined limestone facade, offering formal and casual living/dining spaces with woodfire heating, a master with a walk-in robe and ensuite, and a well-equipped kitchen with a servery to the expansive entertaining deck. Bookended by a limestone fireplace/hearth and a commercial bar, it's the ideal space for lavish soirees or a focal point for ventures into the events industry (STCA).

Just metres from Balnarring Village's boutiques, cafes and shopping centres, it sits in a setting central to the horse-friendly waters of Balnarring Beach and training facilities at Mornington Racecourse and Boneo Park, with additional options to plant grape vines, an olive grove, apple orchard, or other farming pursuit limited only by your imagination (STCA).

Property History for 124 Balnarring Rd, Balnarring, VIC 3926

A timeline of how this property has performed in the market
Last Sold
$2,400,000
17 Oct 2020
  • 06 Apr 2023
    Listed for Sale $2,950,000
  • 17 Oct 2020
    Sold for $2,400,000
  • 07 Apr 2020
    Listed for Sale $2.8M - $3M
Sign in to see more transactions

Commute Calculator

About Balnarring 3926

The size of Balnarring is approximately 26.7 square kilometres. It has 11 parks covering nearly 4.8% of total area. The population of Balnarring in 2011 was 2,526 people. By 2016 the population was 2,267 showing a population decline of 10.3% in the area during that time. The predominant age group in Balnarring is 60-69 years. Households in Balnarring are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Balnarring work in a professional occupation. In 2011, 85% of the homes in Balnarring were owner-occupied compared with 85% in 2016.

Balnarring has 1,213 properties. Over the last 5 years, Houses in Balnarring have seen a 55.95% increase in median value, while Units have seen a 28.36% increase. As at 31 July 2024:

  • The median value for Houses in Balnarring is $1,225,896 while the median value for Units is $595,986.
  • Houses have a median rent of $750 while Units have a median rent of $483.
There are currently 11 properties listed for sale, and no properties listed for rent in Balnarring on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in Balnarring.

Suburb Insights for Balnarring 3926

Market Insights
Balnarring Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Balnarring Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.