Nerrina is in the bottom 30% in VIC when comparing median price capital growth over the last year. Nerrina gave property investors a disappointing capital gain figure when compared to the rest of the state, with 2.65%.
Over the longer term, Nerrina has seen property prices show investors a 10.55% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -7.09% to buyers in Nerrina at the moment, which is less than average for the rest of VIC.
In the last year 15 properties changed hands in Nerrina, which puts it as the 641th most active market in VIC when comparing the number of sales per suburb.
Situated 99.48km from the CBD, Nerrina is one of Ballarat localities in the postcode 3350.