Balnarring is an average performer in VIC when comparing median price capital growth over the last year. Balnarring gave property investors a average capital gain figure when compared to the rest of the state, with 10.90%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Balnarring has increased when compared to the 5 year average annual rate.
Balnarring, 3926 is offering VIC ‘s 472th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this VIC.
Using the current median advertised rental of $415 and the average annual increase in value of a median property of 8.08%, investors should hope to achieve an overall return of 3.61%