SOLD
Sold on 02 May 2024 for $370,000

2/3056 Frankston-Flinders Road
Balnarring VIC 3926

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 69m2
Land area: 1238m2
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Property Details for 2/3056 Frankston-Flinders Rd, Balnarring

2/3056 Frankston-Flinders Rd, Balnarring is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 1238m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Balnarring in the last 12 months.

Building Type
Unit
Year Built
2018
Floor Size
69m2
Land Size
1238m2
Local Government
Mornington Peninsula
Lot/Plan
2A/PS806665

Property History for 2/3056 Frankston-Flinders Rd, Balnarring, VIC 3926

A timeline of how this property has performed in the market
Last Sold
$370,000
02 May 2024
  • 02 May 2024
    Sold for $370,000

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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 1,212 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.
There are currently 20 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

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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.