124 Balnarring Road, Balnarring, VIC 3926 | Property Value & History | OnTheHouse
 
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124 Balnarring Road
Balnarring VIC 3926

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 172m2
Land area: 222800m2
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Property Details for 124 Balnarring Rd, Balnarring

Building Type
Rural
Year Built
1980
Floor Size
172m2
Land Size
222800m2
Local Government
Mornington Peninsula
Lot/Plan
2/PS500194

Last Listing description (November 2023)

Setting the foundations for a refined rural life on the very edge of Balnarring Village, this inspired 54-acre (approx.) property provides an entirely blank canvas for varied farming, events or equestrian ventures, centred around an exquisite 3-bedroom plus study residence, wonderfully revitalised for a fanciful life of leisure and relaxation.

An entirely flat landscape melds into the lush tributaries of Merricks Creek at the rear, featuring the beginnings of a sophisticated equestrian property with 7x loose boxes and a machinery shed (2 stables, workshop) lining the central stone driveway. There's significant space beyond for additional equestrian or farming amenities, including cattle paddocks, stockyards and arenas.

The rejuvenated ranch-style residence is a vibrant delight with its reimagined limestone facade, offering formal and casual living/dining spaces with woodfire heating, a master with a walk-in robe and ensuite, and a well-equipped kitchen with a servery to the expansive entertaining deck. Bookended by a limestone fireplace/hearth and a commercial bar, it's the ideal space for lavish soirees or a focal point for ventures into the events industry (STCA).

Just metres from Balnarring Village's boutiques, cafes and shopping centres, it sits in a setting central to the horse-friendly waters of Balnarring Beach and training facilities at Mornington Racecourse and Boneo Park, with additional options to plant grape vines, an olive grove, apple orchard, or other farming pursuit limited only by your imagination (STCA).

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Property History for 124 Balnarring Rd, Balnarring, VIC 3926

A timeline of how this property has performed in the market
Last Sold
$2,750,000
15 Nov 2023
  • 15 Nov 2023
    Sold for $2,750,000
  • 06 Apr 2023
    Listed for Sale $2,950,000
  • 17 Oct 2020
    Sold for $2,400,000
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About Balnarring 3926

The size of Balnarring is approximately 26.7 square kilometres. It has 11 parks covering nearly 4.8% of total area. The population of Balnarring in 2016 was 2270 people. By 2021 the population was 2371 showing a population growth of 4.4% in the area during that time. The predominant age group in Balnarring is 60-69 years. Households in Balnarring are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Balnarring work in a professional occupation.In 2021, 88.40% of the homes in Balnarring were owner-occupied compared with 85.00% in 2016.

Balnarring has 1,229 properties. Over the last 5 years, Houses in Balnarring have seen a 30.49% increase in median value, while Units have seen a 55.81% increase. As at 31 December 2025:

  • The median value for Houses in Balnarring is $1,297,175 while the median value for Units is $658,631.
  • Houses have a median rent of $780.
There are currently 15 properties listed for sale, and 1 property listed for rent in Balnarring on OnTheHouse. According to Cotality's data, 55 properties were sold in the past 12 months in Balnarring.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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