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Sold on 13 Jun 2024 - Price Unavailable

241 Stumpy Gully Road
Balnarring VIC 3926

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 5ac
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Property Details for 241 Stumpy Gully Rd, Balnarring

241 Stumpy Gully Rd, Balnarring is a 2 bedroom, 1 bathroom AcreageSemi-rural. The property has a land size of 5ac. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom AcreageSemi-rural sold in Balnarring in the last 12 months.

Building Type
AcreageSemi-rural
Land Size
5ac
Local Government
Mornington Peninsula
Lot/Plan
4/LP57391

Last Listing description (June 2024)

This property offers approximately five lush acres with so much potential. Great location only approximately 3 minutes drive to Balnarring village and 5 minutes to the beach and is also positioned on the sealed part of Stumpy Gully road.
There is the original character cottage that features two bedrooms, lounge/dining room, bathroom and cosy cottage kitchen. Polished hard wood floors throughout, a separate laundry and storage room.
Wood heater for those cosy winter days plus split system and Nectre Wood fired cooker in the kitchen.

Live in this existing cottage or build new (STCA). The ideal position would be overlooking the picturesque dam where additional underground power source has been connected.
A lovely gentle rolling five acres that is a highly sort after and will suit many lifestyle pursuits.
The fully fenced garden is landscaped with a beautiful array of deciduous trees and is well screened for privacy.
Additional shedding and the large dam to complete this delightful property.

Property History for 241 Stumpy Gully Rd, Balnarring, VIC 3926

A timeline of how this property has performed in the market
Last Sold
13 Jun 2024
  • 13 Jun 2024
    Sold
  • 19 Mar 2023
    Listed for Sale $2,110,000
  • 26 Aug 2015
    Listed for Sale $860,000
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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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Lina Luppino
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Jones Luppino 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.