VIC has seen average median house prices change by 2.87% which means that Balnarring, 3926 has done well for property investors by showing a capital gain of 0.15% over the last year
Taking the average capital gain, or increase in median house value, Balnarring,3926 has racked up an average of 0.15% over the period. This ranks it number 783th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Balnarring, 3926. Typically our figures indicate that -8.01% is being offered, which puts this VIC suburb at 631th most discounted overall in Australia.
Residents and property investors in Balnarring have been waiting around 120.3 days to sell a property.
A $505 per week rent on the median house gives suburb investors a gross yield of circa 3.20%, without taking into account capital value appreciation, which has been averaging out at 7.52%.