124 Balnarring RoadBalnarring VIC 3926
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 222800m2 and floor size of 172m2. While the property is not currently for sale or for rent, it was last sold in October 2020.
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
- 06 Apr 2023Listed for Sale $2,950,000
- 17 Oct 2020Sold for $2,400,000
- 07 Apr 2020Listed for Sale $2.8M - $3M
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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 1,211 properties. Over the last 5 years, Houses in Balnarring have seen a 41.98% increase in median value, while Units have seen a 29.00% increase. As at 31 October 2024:
- The median value for Houses in Balnarring is $1,199,189 while the median value for Units is $641,007.
- Houses have a median rent of $700 while Units have a median rent of $483.
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