AREA REPORTS

Ballina

Suburb Profile

Ballina - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2478

house
unit

Property investors enjoyed capital gains of 10.1% over the last 12 months in BALLINA, translating to lower returns compared with its peers in NSW.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 3.6% growth over a ten-year period. It ranks 2109th on our list of suburbs that property investors should look into.

BALLINA, 2478 has a capital gain of 10.1% for the past year, which is higher than average compared to its 39.92% growth within a five-year period.

With the median home price in BALLINA sitting at $545,000, and the average rent at $500, property owners could potentially earn a 4.77% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in BALLINA are low, as opposed to average gains per annum over the past five years.

BALLINA, 2478 in NSW belongs to the local government area of Ballina.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $545,000 $388,750
GROWTH REPORT
Median Quarterly 0% 0.97%
Median 12 month 10.1% -0.32%
Median 3 years 29.76% 23.41%
Median 5 years 39.92% 34.75%
10 years average annual 3.6% 2.64%
Weekly media advert. rent $500 $380
Time on Market 53.2 days 62.0 days
Gross Rental Yield Percent 4.77% 5.08%
demographics (median values)
Total Population
7898
Weekly Household Income
575.4
Household Size
2.00
demographics
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