SOLD
RECENT ADVICE
Sold on 20 Jul 2024 for $3,010,000

21 Renown Road
Balnarring VIC 3926

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Land area: 2.83ha
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Property Details for 21 Renown Rd, Balnarring

21 Renown Rd, Balnarring is a 2 bedroom, 1 bathroom AcreageSemi-rural with 3 parking spaces. The property has a land size of 2.83ha. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom AcreageSemi-rural sold in Balnarring in the last 12 months.

Building Type
AcreageSemi-rural
Land Size
2.83ha
Local Government
Mornington Peninsula
Lot/Plan
CP159493

Last Listing description (July 2024)

Administrators Auction | Saturday 20th July @ 11:30am

This one-of-a-kind 2.83-hectare (6.99-acre) approx. property offers the best of both country and coastal lifestyles. With easy access to the vibrant village centre and the spectacular bay beaches just down the road, this prime location is an opportunity not to be missed.

The private entry leads through a buffer of native shrubs and opens to a gently sloping lush pasture to the west. Here, you can enjoy expansive views across the adjoining farmland, Merricks hills, and hinterland, gifting you with spectacular sunsets and starry nights.

With 2.83 Ha (approx.) zoned Green Wedge and the balance of 2,000m2 (approx.) zoned General Residential, a unique opportunity exists to subdivide and develop the General Residential zoned land into one or two allotments (STCA).

In the meantime, move right into the cozy 2-bedroom homestead featuring a classic wide verandah that extends around the western entry and living areas, ensuring you capture the views across the property and the stunning sunsets over the distant hills.

The property is well laid out with two securely fenced larger paddocks, each with a small dam, and a lower paddock, providing flexibility for horses, livestock, or crops. There's ample shedding, including a three-bay machinery shed (14.5m x 7.5m approx.) with high clearance, a 6m x 9m (approx.) feed store/machinery shed, small shelter shed, three-phase power and town water, making it an easy place to manage.

Inside, the spacious living and dining room is finished with polished hardwood floors that extend to the meals and kitchen area, all enjoying stunning views across the paddocks to the northwest. The kitchen has a simple, functional design and a large peninsula benchtop adjoining the meals area. Down the central hall are two good-sized bedrooms, both with robes, a family bathroom with shower and bath, and a laundry with access to the rear.

This unique small acreage property, with its convenient central location, provides the perfect canvas to set down your family roots and build the dream you've always wanted (STCA). Don't miss this rare opportunity to secure your slice of paradise.

Features include:
• 3 Paddocks with well-maintained fencing and 2 dams
• Open plan living with timber floors
• 7.5m x 14.5m (approx.) three-bay machinery shed
• 6m x 9m (approx.) feed store/machinery shed & small shelter shed
• Opportunity to subdivide, renovate, rebuild (STCA)
• Easy walk to Tulum store, foreshore reserve and Balnarring Village
• Total of 2.83 Ha (approx.) comprised of Green Wedge Zone Schedule 2 & General Residential Zone Schedule 1

Property History for 21 Renown Rd, Balnarring, VIC 3926

A timeline of how this property has performed in the market
Last Sold
$3,010,000
20 Jul 2024
  • 20 Jul 2024
    Sold for $3,010,000
  • 19 Jun 2024
    Listed for Sale Administrators Auction | $2,800,000 - $3,080,000
  • 01 Jul 1985
    Sold for $67,000

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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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Jackie Wright
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Andrew Wright
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The Coast Real Estate
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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.