Question 1

Is Nerrina a nice place to live?

Accepted Answer

Nerrina is a small outer eastern Ballarat suburb set on gentle hills with leafy streets and established brick and weatherboard homes, giving it a settled, semi-rural character. The community of 970 people has a median age of 42 and is weighted towards families and older residents; couple families with children make up about half of households and, together with couple families without children, account for roughly 87% of family types. Over nine in ten homes are owner-occupied, with renters making up a small share.

Nearby open space and the Nerrina Bushland Reserve provide walking trails and informal recreation, and Little Bendigo Primary School sits within the suburb. Schools, shops and public transport are a short drive away in Ballarat, and there are no significant new infrastructure projects reported for Nerrina at this time. That combination makes for a low-key, traditional suburban lifestyle with easy access to regional-city facilities; whether it suits you depends on what you’re after.

Question 2

Is it expensive to live in Nerrina?

Accepted Answer

For Nerrina there haven't been enough recent sales or rentals to put reliable figures on what homes cost to buy or rent. Without those figures, there isn't a clear picture of how expensive it is to live here compared with local incomes.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Nerrina a good place to invest?

Accepted Answer

House values in Nerrina rose 14.4% over the past 12 months, a strong increase in the capital value of houses in that period.

If capital growth is what you care about as an investor, that 14.4% figure is the one that speaks to it; whether that fits your goals and circumstances is for you to decide.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	14.4%	N/A
Sold Past 3 months	4	N/A
Median days on market Past 12 months	30	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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