Property investors who have had real estate in Balnarring Beach, 3926 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 20.80%
Over the longer term, Balnarring Beach has seen property prices show investors a 23.62% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Balnarring Beach is offering property investors an average of -5.19. This rate of discount on properties puts Suburb at number 12th in terms of most discounted suburbs in VIC
At number 3125 in a list of fastest selling suburbs, Balnarring Beach is in the bottom 20% of suburbs in Australia with an average of days on market 110.78 for properties listed there.