East Ballina

POSTAL CODE: NSW, 2478

HOUSE

UNIT

EAST BALLINA, 2478 ranks 2637th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 8.01% for property investors.

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,382,500.

The upward trend in home prices in EAST BALLINA, 2478 averaged 4.83% per annum over a 3-year period.

Average weekly rents on listings have reached the $820 mark, reflecting a 3.08% increase in returns based on the current median price in EAST BALLINA.

An average of 4.58 real estate transactions take place per month in EAST BALLINA which translates to 55 per annum.

55 properties were sold in EAST BALLINA in 2016, making it the 325th most active market in NSW based on total real estate transactions.

EAST BALLINA, 2478 places 816th in Australia based on median property value growth during the quarter.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $870,000.

Investors saw the median home price rise to $870,000.

The upward trend in home prices in EAST BALLINA, 2478 averaged 2.03% per annum over a 3-year period.

EAST BALLINA now ranks at the 206th place on a list of fastest growing suburbs in the territory.

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

Real estate investors could earn a rental income of $722.5 based on current median home prices for the suburb.

It is expected for properties to spend some time on the market prior to a successful sale. In EAST BALLINA, homes and units usually stay on listing for an average of 45.8 days.

54 properties were sold in EAST BALLINA in 2016, making it the 119th most active market in NSW based on total real estate transactions.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Smart Property Investment. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Free investor loan check

Better property decisions start with smarter lending.

A free 15-minute finance check for property investors.

15 minutes Free No obligation

What are your lending goals?

Choose a goal to request a callback.

Buying againCheck my borrowing position Equity or refinanceReview my current loans Loan strategyGet a second opinion

Ready to talk?

Book a 15-minute call →

Finni Pty Ltd · Australian Credit Licence 384324 · Privacy

Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,382,500	$870,000
Growth Report
Median Quarterly	0.18%	1.64%
Median 12 month	8.01%	0%
Median 3 years	14.49%	6.1%
Median 5 years	39.89%	31.82%
10 years average annual	9.44%	8.02%
Weekly media advert. rent	$820	$723
Time on Market	36.7 days	45.8 days
Gross Rental Yield Percent	3.08%	4.32%

Demographics (Median Values)*

Total Population 28310

Weekly Household Income 1140

Household Size 2.30

Average Age 48

Monthly Loan Repayment 1733

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

Select a category

Age group

Top 10 Birth Countries

Dwelling Structures

Education

Household Income

Labour Force

Marital Status

Occupation

Religious Affiliation

Tenure Type

.module-ajax-wrapper-js-only-732 { display: none !important; }