Powered by MOMENTUM MEDIA
AREA REPORTS

Ballina

Suburb Profile

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

house
unit

Property investors enjoyed capital gains of 13.32% 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 4.83% growth over a ten-year period. It ranks 1967th on our list of suburbs that property investors should look into.

BALLINA, 2478 has a capital gain of 13.32% for the past year, which is higher than average compared to its 53.51% growth within a five-year period.

With the median home price in BALLINA sitting at $623,250, and the average rent at $520, property owners could potentially earn a 4.34% 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 (A).

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $623,250 $496,000
GROWTH REPORT
Median Quarterly 3.88% -1.78%
Median 12 month 13.32% 4.42%
Median 3 years 33.46% 27.34%
Median 5 years 53.51% 60%
10 years average annual 4.83% 4.38%
Weekly media advert. rent $520 $400
Time on Market 85.1 days 84.9 days
Gross Rental Yield Percent 4.34% 4.19%
demographics (median values)
Total Population
7898
Weekly Household Income
575.4
Household Size
2.00
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

PM fears impact of migration slide on residential sector

Prime Minister Scott Morrison has acknowledged the threat that a COVID-induced decline in migration could pose to residential property marke...

NSW

Land tax reprieve now available in NSW

Landlords who are providing their tenants with rent relief during the COVID-19 crisis are now able to apply for land tax concessions. ...

Investors bracing for further value drops

Investors bracing for further value drops

More than half of Australian investors expect property prices to tumble over the next 12 months, a new survey has revealed. ...

New projects

New projects to enable better housing policy decisions

The Australian Housing and Urban Research Institute (AHURI) is undertaking several priority research projects which aim to help governments ...

accountant

Why having a good accountant is crucial as a property investor

With the end of financial year approaching, coupled with the current climate, two experts have shed light on the value of investors having g...

property market

What’s still to come for Australia’s property market?

A local professional has highlighted four key trends likely to impact Australia’s real estate industry. ...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.