Balnarring Beach

POSTAL CODE: VIC, 3926

HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a -20% capital gain.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,600,000.

Profits due to an downward trend in home prices there averaged -6.67% per annum over a 3-year period.

Home owners selling their properties and realtors in BALNARRING BEACH usually have to wait an average of N/A days before their assets are lifted off the market.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in BALNARRING BEACH.

BALNARRING BEACH, 3926 places 672nd in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,600,000	N/A
Growth Report
Median Quarterly	-14.44%	N/A
Median 12 month	-4.76%	N/A
Median 3 years	-20%	N/A
Median 5 years	22.51%	N/A
10 years average annual	9.45%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	N/A	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 3242

Weekly Household Income 1533

Household Size 2.60

Average Age 48

Monthly Loan Repayment 1733

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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