An appealing life-style home in a most sought after location. The property is in the heart of the Mornington Peninsula close to wineries, beaches, horse-trails and within easy access of the freeway to Melbourne. The brick home boasts 4 bedrooms with ensuite to master, light-filled sunny kitchen, study, wood-burner, heating, cooling to lounge, double lock up garage and extensive shedding. The 10 acres consists of fenced paddocks, established trees, return driveway, arena, and holding yards. The house is set at the rear of the block to ensure maximum privacy and enjoyment of the tranquil setting.*The property will be leased in its current condition and any improvements required to fencing in order to satisfy requirements for horse will be the responsibility of the lessee.Pets OK and flexible lease terms. Inspection as advertised or by appointment.
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:
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