Suburb Profile
Balnarring Beach - FREE SUBURB PROFILE REPORT POSTAL CODE: VIC,3926
Homeowners and real estate investors betting on BALNARRING BEACH, 3926 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 15.25%.
Property investors in BALNARRING BEACH enjoyed capital gains of 15.25% over the last 12 months translating to lower returns compared with its peers in the territory.
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 $1,020,000.
Profits due to an upward 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 87.9 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in BALNARRING BEACH.
BALNARRING BEACH, 3926 places 27th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,020,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 11.11% | N/A |
| Median 12 month | 15.25% | N/A |
| Median 3 years | 20% | N/A |
| Median 5 years | N/A | N/A |
| 10 years average annual | 4.2% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 87.9 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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