SOLD
Sold on 15 Jan 2024 for $950,000

4/2986 Frankston-Flinders Road
Balnarring VIC 3926

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 160m2
Land area: 709m2
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Property Details for 4/2986 Frankston-Flinders Rd, Balnarring

4/2986 Frankston-Flinders Rd, Balnarring is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2009. The property has a land size of 709m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom Unit sold in Balnarring in the last 12 months.

Building Type
Unit
Year Built
2009
Floor Size
160m2
Land Size
709m2
Local Government
Mornington Peninsula
Lot/Plan
4A/PS606696

Last Listing description (October 2024)

Nestled a mere stone's throw away from the energetic pulse of Balnarring Village, this contemporary 3-bedroom abode presents an unparalleled blend of modern comfort and convenience on a substantial 709 sq. metre (approx.) allotment. A distinct open-plan concept boasts a seamless flow between its living spaces and significant alfresco dimensions, making it ideal for a growing family seeking room to flourish or retirees desiring an effortlessly accessible sanctuary.

A tiled entryway unfolds into a vast open layout beneath lofty 10ft ceilings, showcasing a cosy fireside sitting area and dining space separate from the light-filled lounge towards the rear. The rustic-modern kitchen with its concrete benchtops makes every culinary endeavour a delight, wrapping around dual ovens, a 900mm gas cooktop, a dishwasher, and a walk-in pantry. Adjacent to the kitchen is a covered deck and sunbathed terrace acting as an extension of your living space, preceding a sprawling yard that seems to stretch on forever.

The master suite beckons with a walk-through robe and a designer ensuite, with two additional bedrooms around a central bathroom, toilet, and laundry. Designed for comfort and convenience with split-system air conditioning, ducted heating, a double garage and side gated access for secure boat/caravan parking, it sits mere metres from the delights of Balnarring Village, with easy access to Balnarring Beach and the greater Peninsula hinterland.

Property History for 4/2986 Frankston-Flinders Rd, Balnarring, VIC 3926

A timeline of how this property has performed in the market
Last Sold
$950,000
15 Jan 2024
Listed for Rent
$480/w
09 Feb 2016
  • 15 Jan 2024
    Sold for $950,000
  • 16 Aug 2023
    Listed for Sale $950,000
  • 30 Jan 2016
    Listed for Rent - Price not available
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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.