NSW/
East ballina

Suburb Profile

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

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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 $699,000.

The upward trend in home prices in EAST BALLINA, 2478 averaged 9.77% per annum over a 3-year period.

Average weekly rents on listings have reached the $550 mark, reflecting a 4.09% increase in returns based on the current median price in EAST BALLINA.

An average of 5.17 real estate transactions take place per month in EAST BALLINA which translates to 62 per annum.

62 properties were sold in EAST BALLINA in 2016, making it the 238th most active market in NSW based on total real estate transactions.

EAST BALLINA, 2478 places 332nd in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $699,000 $472,500
GROWTH REPORT
Median Quarterly 3.75% -10.43%
Median 12 month 8.37% 10.66%
Median 3 years 29.32% 25.83%
Median 5 years 38.01% 39.69%
10 years average annual 3.44% 2.24%
Weekly media advert. rent $550 $420
Time on Market 66.7 days 95.8 days
Gross Rental Yield Percent 4.09% 4.62%
demographics (median values)
Total Population
5476
Weekly Household Income
933.3
Household Size
2.30
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East Ballina, NSW
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