Over the last year, property investments in Balnarring, 3926 have given investors a capital gain of 9.24%. This compares averagely with the 8.06% for VIC as a whole.
If we look at median property appreciation over just the last three months, Balnarring has given property investors a paper return of 3.34%. This puts Suburb as 249 on a list of fastest fasting appreciating suburbs in VIC
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.03% offered to property buyers. Sellers in Balnarring itself are offering an average vendor discount of -5.01% to real estate investors.
At number 58 in a list of fastest selling suburbs, Balnarring is in the TOP 10% of suburbs in Australia with an average of days on market 31.74 for properties listed there.
Renters in Suburb are facing rents around $5160 per annum or $430 every week.