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AREA REPORTS

East Ballina

Suburb Profile

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

house
unit

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 $800,000.

The upward trend in home prices in EAST BALLINA, 2478 averaged 6.25% per annum over a 3-year period.

Average weekly rents on listings have reached the $550 mark, reflecting a 3.58% increase in returns based on the current median price in EAST BALLINA.

An average of 5.5 real estate transactions take place per month in EAST BALLINA which translates to 66 per annum.

66 properties were sold in EAST BALLINA in 2016, making it the 206th most active market in NSW based on total real estate transactions.

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

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $800,000 $513,750
GROWTH REPORT
Median Quarterly 0% 0%
Median 12 month 9.59% 6.48%
Median 3 years 18.74% -1.2%
Median 5 years 40.35% 40.75%
10 years average annual 4.08% 4.22%
Weekly media advert. rent $550 $435
Time on Market 78.5 days 73.6 days
Gross Rental Yield Percent 3.58% 4.4%
demographics (median values)
Total Population
5476
Weekly Household Income
933.3
Household Size
2.30
demographics
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Top 10 Birth Countries
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