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 › Myers Rd
3
Bedrooms
2
Bathrooms
2
Car spaces
20,234.282 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
No recorded sale price for this property yet.
Local land rate: recorded Rural Property sales in Balnarring (last 5 years) with land size have a median of $60/m² of land (n=9). 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.
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 Homes & AcreageWind your way down the mature tree-lined driveway of 247 Myers Road, Balnarring to appreciate the serenity of Mornington Peninsula living at its best. The private and picturesque contemporary, architect-designed home is set on a delightfully located five acres.
Constructed in 2015 by renowned local builder, Neil Williams and Sons to exacting standards, the home is situated amongst a Rob Heath designed, low maintenance, native landscaped garden. The three bedroom, two bathroom residence boasts spacious living areas, both inside and out and is a testament to fine craftsmanship.
At the heart of this bespoke home is a lavishly appointed kitchen featuring European appliances. Artisan built cabinetry and a stunning waterfall Brushbox island bench compliment the stone-topped counter tops and butler’s pantry. Open plan living, kitchen and dining are enhanced by rural vistas through large double glazed windows that flood the house with natural light. Bi-fold doors allow easy access to ample alfresco-decked areas to offer seamless indoor/outdoor living making the home an entertainer’s delight.
The accommodation zones are separated, with the luxuriously appointed master featuring a large WIR and sumptuous ensuite. At the opposite end of the home are two generous-sized, double bedrooms – one currently established as a home office with a wall fold-out queen bed, both serviced by the fully tiled main bathroom and well-appointed laundry.
This property is a true sea-change, tree-change for the new homeowner with nothing left to do. Just move in and enjoy!
Features:
• Five useable acres
• Low maintenance, native, landscaped gardens
• Contemporary architect designed residence with three bedrooms, two bathrooms
• Kitchen featuring large island bench, integrated dishwasher and butler’s pantry
• Luxuriously appointed master with spacious wall-in robe and ensuite featuring a stone soaking tub
• Both bathrooms appointed with under tile heating
• Spacious double lock-up garage
• Double glazed throughout
• Hydronic heating
• Concealed Daikin splits systems for year round comfort
• Heat & Glo gas fireplace
• NBN connectivity and home security system with CCTV
• Six well drained, pasture-improved paddocks
• Olympic size 60 x 20m floodlit arena
• Two holding yards complete with walk-in-walk-out shelters
• Spacious 16m x 8m Colourbond shed featuring stable, tackroom, float storage, undercover tie ups, hot wash and workshop
• Separate hay storage
• Secure chicken coop and raised vegetable garden
• 70,000 litre water storage plus bore providing high quality water for stock and garden
• Minutes to Balnarring Village
• Minutes to beaches, wineries and award-winning restaurants
Listing description written by Penny Verco, Homes & Acreage — reproduced as published, not verified by Districts.