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Nerrina suburb profile

Nerrina is a picturesque suburb located on the outskirts of Ballarat in Victoria, offering a serene and semi-rural lifestyle. Known for its natural beauty and tranquil environment, Nerrina is surrounded by lush greenery and rolling hills, making it an ideal location for those seeking peace and quiet. The suburb features a mix of modern homes and charming older properties, providing diverse living options. Despite its peaceful setting, Nerrina is conveniently close to Ballarat's amenities, including schools, shopping centers, and recreational facilities. Its blend of rural charm and accessibility makes Nerrina a desirable place for families and nature enthusiasts.

Nerrina property market performance

Nerrina’s property market has shown some activity over the past 12 months, particularly in the housing sector. House values have increased by 8.8%, although the median house price remains at $0, indicating a lack of available data or transactions. No units were sold, and unit values have remained unchanged, reflecting a stagnant unit market.

In terms of sales activity, 8 houses were sold over the last 12 months, with a median of 36 days on the market, suggesting a moderate demand for houses. The unit market, however, saw no sales activity, indicating limited interest or availability in this segment.

Rental data for both houses and units in Nerrina is unavailable, with no recorded changes in rent prices over the last 12 months. This lack of rental data suggests either a limited rental market or insufficient reporting in the area.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
8.9%N/A
Sold
Past 3 months
7N/A
Median days on market
Past 12 months
33N/A
Average rent
Past 12 months
N/AN/A
Change in rent
Past 12 months
N/AN/A

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Nerrina demographics

Nerrina, a serene suburb located in the regional city of Ballarat, Victoria, offers a peaceful lifestyle with a strong sense of community. With a population of just 970, it provides a close-knit environment ideal for families and those seeking a quieter pace of life. The median age of 42 suggests a mature community, with many residents likely enjoying the balance of work and family life in this picturesque setting.

The suburb is characterized by a high proportion of family households, with nearly half of the families being couples with children, reflecting its appeal to those raising families. Additionally, 37.5% of families are couples without children, indicating a significant number of residents who may be enjoying the later stages of their careers or early retirement. The presence of one-parent families and other family types adds to the diversity of the community.

Property ownership in Nerrina is predominantly stable, with a significant 42.3% of homes owned outright and 49.9% owned with a mortgage. This high level of ownership underscores the suburb's attractiveness to long-term residents and those investing in their future. With only 7.8% of properties being rented, Nerrina offers a sense of permanence and community cohesion. The suburb's relatively high median household income further highlights its appeal to established families and professionals seeking a comfortable lifestyle amidst the natural beauty of the Ballarat region.

Suburbs near Nerrina

Some popular suburbs near Nerrina include:

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