OFF MARKET

265 Balnarring Road
Tuerong VIC 3915

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 372933m2
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Property Details for 265 Balnarring Rd, Tuerong

265 Balnarring Rd, Tuerong is a 1 bedroom, 1 bathroom House. The property has a land size of 372933m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
House
Land Size
372933m2
Local Government
Mornington Peninsula
Lot/Plan
4/PS420782

Last Listing description (September 2017)

A stunning rural allotment currently run as a family farm with layout offering huge potential
for further or varied development
26 acre planting of 4,000 mature olive trees

Multiple commercial sheds, with olive oil processing plant,
parking and roadways
Reticulated water supply from 24 megalitre ( approx. ) dam
Approx 60 acres comprising 4 fenced paddocks for further
cultivation or alternate use.
3 phase power supply ( underground )
Main road frontage, 4.6km from Peninsula Link exit 19
Freehold and business to be sold as a going concern
For further information and inspection contact:
Max Prentice 0419 304 707
SORRENTO 78 Ocean Beach Road, 5984 4177

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Property History for 265 Balnarring Rd, Tuerong, VIC 3915

A timeline of how this property has performed in the market
Last Sold
$3,250,000
29 May 2020
  • 29 May 2020
    Sold for $3,250,000
  • 13 Mar 2018
    Listed for Sale AROUND $3,500,000
  • 22 Oct 2016
    Listed for Sale Around $3,500,000
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About Tuerong 3915

The size of Tuerong is approximately 38.8 square kilometres. It has 2 parks covering nearly 1.6% of total area. The population of Tuerong in 2011 was 342 people. By 2016 the population was 368 showing a population growth of 7.6% in the area during that time. The predominant age group in Tuerong is 60-69 years. Households in Tuerong are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Tuerong work in a managers occupation. In 2011, 76.5% of the homes in Tuerong were owner-occupied compared with 72.2% in 2016..

Tuerong has 184 properties. Over the last 5 years, Houses in Tuerong have seen a 39.24% increase in median value. As at 31 October 2024:

  • The median value for Houses in Tuerong is $2,430,742.
There are currently 2 properties listed for sale, and no properties listed for rent in Tuerong on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Tuerong.

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