Balnarring at a glance
2,309
People
$1,370,000
Median sale
$503/wk
Median rent
1.91%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
VIC › Balnarring › Renown Rd
$3,010,000
Last sold
20 July 2024
2
Bedrooms
1
Bathrooms
3
Car spaces
28,300 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$3,010,000
20 July 2024 · derived via latest_sale
Local land rate: recorded Rural Property sales in Balnarring (last 5 years) with land size have a median of $59/m² of land (n=8). Districts calculation from recorded sales — not a valuation.
Balnarring at a glance
2,309
People
$1,370,000
Median sale
$503/wk
Median rent
1.91%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Balnarring
+119.7%
Median sale
Suburb $1,370,000
-1.04 pp
Gross yield
Suburb 1.91%
Suburb median $1,370,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $503/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Balnarring at a glance
2,309
People
$1,370,000
Median sale
$503/wk
Median rent
1.91%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Coast Real EstateAdministrators Auction | Saturday 20th July @ 11:30am
This one-of-a-kind 2.83-hectare (6.99-acre) approx. property offers the best of both country and coastal lifestyles. With easy access to the vibrant village centre and the spectacular bay beaches just down the road, this prime location is an opportunity not to be missed.
The private entry leads through a buffer of native shrubs and opens to a gently sloping lush pasture to the west. Here, you can enjoy expansive views across the adjoining farmland, Merricks hills, and hinterland, gifting you with spectacular sunsets and starry nights.
With 2.83 Ha (approx.) zoned Green Wedge and the balance of 2,000m2 (approx.) zoned General Residential, a unique opportunity exists to subdivide and develop the General Residential zoned land into one or two allotments (STCA).
In the meantime, move right into the cozy 2-bedroom homestead featuring a classic wide verandah that extends around the western entry and living areas, ensuring you capture the views across the property and the stunning sunsets over the distant hills.
The property is well laid out with two securely fenced larger paddocks, each with a small dam, and a lower paddock, providing flexibility for horses, livestock, or crops. There's ample shedding, including a three-bay machinery shed (14.5m x 7.5m approx.) with high clearance, a 6m x 9m (approx.) feed store/machinery shed, small shelter shed, three-phase power and town water, making it an easy place to manage.
Inside, the spacious living and dining room is finished with polished hardwood floors that extend to the meals and kitchen area, all enjoying stunning views across the paddocks to the northwest. The kitchen has a simple, functional design and a large peninsula benchtop adjoining the meals area. Down the central hall are two good-sized bedrooms, both with robes, a family bathroom with shower and bath, and a laundry with access to the rear.
This unique small acreage property, with its convenient central location, provides the perfect canvas to set down your family roots and build the dream you've always wanted (STCA). Don't miss this rare opportunity to secure your slice of paradise.
Features include:
• 3 Paddocks with well-maintained fencing and 2 dams
• Open plan living with timber floors
• 7.5m x 14.5m (approx.) three-bay machinery shed
• 6m x 9m (approx.) feed store/machinery shed & small shelter shed
• Opportunity to subdivide, renovate, rebuild (STCA)
• Easy walk to Tulum store, foreshore reserve and Balnarring Village
• Total of 2.83 Ha (approx.) comprised of Green Wedge Zone Schedule 2 & General Residential Zone Schedule 1
Listing description written by Jackie Wright, The Coast Real Estate — reproduced as published, not verified by Districts.