OFF MARKET

40 Coolart Road
Balnarring VIC 3926

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 212977m2
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Property Details for 40 Coolart Rd, Balnarring

Building Type
Land
Land Size
212977m2
Local Government
Mornington Peninsula
Lot/Plan
1/PS402500

Last Listing description (July 2016)

An exceptional rural property located in Balnarring - one of the most sort after districts on the beautiful Mornington Peninsula. This property offers a versatile 52 acres with dual access from 2 main roads - Coolart Road and Frankston Flinders Road.
With 30 acres under first grade hay and 8 separate paddocks including stockyard with race and electric fencing, this property is suitable for vines, horse agistment, cattle, sheep, alpacas, market gardens or long term land banking the opportunities are endless.
Water supply to all paddocks is via two dams and a 22,500 litre gravity fed tank.

Extensive shedding on the property includes: 80 x 40 machinery shed with 14' high clearance suitable for parking heavy vehicles and machinery, 40' x 40' lock up workshop or equipment shed with 14' high clearance and 20' x 14' sliding door, Shearing shed. (Shedding can be easily converted to stables).
The expansive, well maintained brick veneer home features Canadian redwood throughout and consists of a spacious kitchen with wall oven, electric hotplates, plenty of cupboard and bench space; two living areas; a wet bar; 4 bedrooms, master with WIR and ensuite; two further bathrooms; an outside powder room and a double lock up garage. The alfresco area adjacent to the kitchen is perfect for the warmer months where you can relax and bask in your surroundings or admire the fruit growing on the trees in the orchard.
This outstanding property is within close proximity to Balnarring Village Shopping Complex, beautiful Mornington Peninsula beaches, local schools, wineries and restaurants.
For a private inspection - contact BTRE today.

Property History for 40 Coolart Rd, Balnarring, VIC 3926

A timeline of how this property has performed in the market
Last Sold
$287,500
23 Sep 1999
  • 09 Mar 2016
    Listed for Sale Offers Over $2,400,000
  • 23 Sep 1999
    Sold for $287,500

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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 1,211 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 18 properties listed for sale, and no properties listed for rent in Balnarring on OnTheHouse. According to CoreLogic's data, 48 properties were sold in the past 12 months in Balnarring.

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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.