Suburb Profile Report for Balnarring Beach VIC (3926)

Balnarring Beach House: Median price $876,000, Annual capital growth 0.81%, Number of sales 15, Weekly median advertised rent N/A

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

With a capital gain of -5.93% for the last 12 months, Balnarring Beach, 3926 has performed for property investments than its average annual 0.81% property growth over the last 5 years.

The five-year average increase in median property values for Balnarring Beach,3926 has given property investors a potential capital gain of 37.95% across each of those five years.

On average over the past year, suburb has had 1.25 sales per month, which equates to 15 per year.

Metrics i HOUSE UNIT
$876,000 N/A
-1.02% N/A
-5.93% N/A
0.81% N/A
N/A N/A
15 N/A
N/A N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 354
Median household income ($/weekly) 1208
Median age of persons 61
Median housing loan repayment ($/monthly) 1975
Average household size 2
  • Census Count Percent(%)
    35-44 years 29 8.2
    45-54 years 47 13.3
    55-64 years 68 19.2
    65-74 years 85 24.0
    75-84 years 46 13.0
    Others 79 22.3
    Age Group
    Census Count Percent(%)
    Registered Married 136 59.4
    Not Married 80 34.9
    Defacto Relationship 13 5.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 264 85.4
    Papua New Guinea 9 2.9
    United Kingdom 17 5.5
    United States of America 6 1.9
    Other 4 1.3
    Others 9 2.9
    Country of Birth
    Census Count Percent(%)
    Christianity 170 57.0
    No Religion 121 40.6
    Judaism 4 1.3
    Buddhism 3 1.0
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 20 16.3
    $800-$999 15 12.2
    $1,500-$1,999 18 14.6
    $2,000-$2,499 12 9.8
    $2,500-$2,999 12 9.8
    Others 46 37.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 149 53.2
    Employed, worked full-time 56 20.0
    Employed, worked part-time 56 20.0
    Employed, away from work 10 3.6
    Unemployed, looking for work 9 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 19 16.1
    Professionals 24 20.3
    Technicians & trades workers 24 20.3
    Community & personal service workers 9 7.6
    Clerical & administrative workers 19 16.1
    Others 23 19.5
    Occupation
    Census Count Percent(%)
    Secondary 15 34.9
    Infants/Primary 13 30.2
    Pre-school 6 14.0
    University or other Tertiary Institutions 6 14.0
    Other type of educational institution 3 7.0
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 267 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 84 65.1
    Rented 24 18.6
    Being purchased 21 16.3
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals