2A/3056 Frankston-Flinders RoadBalnarring VIC 3926
Property Details for 2a/3056 Frankston-Flinders Rd, Balnarring
Last Listing description (August 2024)
Opportunity to secure this contemporary retail space in the heart of Balnarring, just a few moments walk from Balnarring Village.
Shop 2A.
Returning approx. $20,000 per annum plus GST
Designated car space in secure gated communal garage
Direct access to garage from rear of shop
Secure 3 x 3 year lease in place since July, 2022
Property History for 2a/3056 Frankston-Flinders Rd, Balnarring, VIC 3926
- 01 Jul 2024Sold for $370,000
- 26 Apr 2024Listed for Sale $370,000
- 14 Nov 2023Listed for Sale $370,000 - $420,000
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0About 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 1,215 properties. Over the last 5 years, Houses in Balnarring have seen a 39.19% increase in median value, while Units have seen a 31.44% increase. As at 30 November 2024:
- The median value for Houses in Balnarring is $1,197,669 while the median value for Units is $666,931.
- Houses have a median rent of $700 while Units have a median rent of $483.
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