OFF MARKET

29 Stumpy Gully Road
Balnarring VIC 3926

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2915m2
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Property Details for 29 Stumpy Gully Rd, Balnarring

29 Stumpy Gully Rd, Balnarring is a 0 bedroom, 0 bathroom House and was built in 2020. The property has a land size of 2915m2. While the property is not currently for sale or for rent, it was last sold in April 2018.

Building Type
House
Year Built
2020
Land Size
2915m2
Local Government
Mornington Peninsula
Lot/Plan
2/PS813714

Last Listing description (November 2023)

Balnarring's Final Land Release 2915m2 (4 lots to be sold as one)

Don't miss out on an extraordinary opportunity to acquire a remarkable development site at Balnarring's Final Land Release. This exclusive offering encompasses a substantial 2915m2 parcel of land, comprising of four individual lots to be sold as one.

What sets this development apart is the exceptional convenience it offers. The site comes complete with plans, permits, driveways, fencing, and all essential services already in run to the four-lot subdivision. As the neighbouring and nearby lots have been commanding record prices for new home sales, and with the continued strong demand for new homes in the area, now is the time to seize this rare and unmatched land sale opportunity.

Situated within walking distance of the vibrant and expanding Village Centre, this unique small subdivision holds immense potential. Immerse yourself in a thriving community and capitalize on the flourishing real estate market.

For those interested, detailed plans for four stunning four-bedroom coastal home designs are available upon request.

Please note that site visits are strictly by prior appointment. Arrange your viewing today and explore possibilities that await at Balnarring's Final Land Release.

Property History for 29 Stumpy Gully Rd, Balnarring, VIC 3926

A timeline of how this property has performed in the market
Last Sold
$950,000
20 Apr 2018
  • 16 Jun 2023
    Listed for Sale Please Contact Agent
  • 20 Apr 2018
    Sold for $950,000

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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 1,213 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

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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.