With a capital gain of 17.03% for the last 12 months, Balnarring, 3926 has performed for property investments than its average annual 8.18% property growth over the last 5 years.
A 26.73% growth in median value for property investors in Balnarring,3926 puts this suburb at number 65th in terms of best performing suburbs in VIC
Sellers are offering property buyers an average discount of -4.91% to buyers in Balnarring at the moment, which is less than average for the rest of VIC.
In the last year 42 properties changed hands in Balnarring, which puts it as the 457th most active market in VIC when comparing the number of sales per suburb.
Using the current median advertised rental of $410 and the average annual increase in value of a median property of 8.18%, investors should hope to achieve an overall return of 3.38%