Powered by MOMENTUM MEDIA
East Ballina
AREA REPORTS

East Ballina

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

house
unit

EAST BALLINA, 2478 ranks 908th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 23.13% 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 $985,000.

The upward trend in home prices in EAST BALLINA, 2478 averaged 9.73% per annum over a 3-year period.

Average weekly rents on listings have reached the $650 mark, reflecting a 3.43% increase in returns based on the current median price in EAST BALLINA.

An average of 6.58 real estate transactions take place per month in EAST BALLINA which translates to 79 per annum.

79 properties were sold in EAST BALLINA in 2016, making it the 134th most active market in NSW based on total real estate transactions.

EAST BALLINA, 2478 places 311th in Australia based on median property value growth during the quarter.

Data report can be found below

East Ballina
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $985,000 $665,000
GROWTH REPORT
Median Quarterly 9.08% 2.31%
Median 12 month 23.13% 24.01%
Median 3 years 29.18% 40.74%
Median 5 years 56.35% 58.33%
10 years average annual 6.19% 5.97%
Weekly media advert. rent $650 $470
Time on Market 37.9 days 36.2 days
Gross Rental Yield Percent 3.43% 3.68%
demographics (median values)*
Total Population
28310
Weekly Household Income
1140
Household Size
2.30
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

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

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