OFF MARKET

491 Stumpy Gully Road
Balnarring VIC 3926

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 40866m2
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Property Details for 491 Stumpy Gully Rd, Balnarring

Building Type
Land
Land Size
40866m2
Local Government
Mornington Peninsula
Lot/Plan
11/LP86920

Last Listing description (December 2022)

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.

Property History for 491 Stumpy Gully Rd, Balnarring, VIC 3926

A timeline of how this property has performed in the market
Last Sold
$780,000
28 Feb 2014
Listed for Rent
$750/w
06 Oct 2017
  • 17 Mar 2019
    Listed for Rent - Price not available
  • 04 Oct 2017
    Listed for Rent $750 / week
  • 26 Jun 2017
    Listed for Rent $750 / week
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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.