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Investment Property Ballina, NSW, 2478

Suburb Snapshot

Ballina is a suburb in the Ballina Region of New South Wales. Ballina has a population of 8,650 people and 36.84% of its occupants live in rental accommodation. The median listing price for houses is $900,000 and this has changed 5.88% over the past year and changed 5.88% over 2 years.

The median rent in Ballina for houses is $720 per week and the median rental yield is 4.16%. Stock on the market for houses/townhouses has changed -17.39% compared to last year and the average time to sell a house/townhouse is 104 days.The median listing price for units is $610,000 and this has changed 1.66% over the past year. The average unit takes 105 days to sell and the median rent for a unit in Ballina is $510 per week, producing a rental yield of 4.34%.

Supply & Demand in Ballina, Ballina

0.62%

Current vacancy rate


34

Rental stock available


8,650

Population


36.84%

Rental population


0.62%

Current vacancy rate


144

Rental stock available


41,792

Population


25.06%

Rental population


1.02%

Current vacancy rate


37,155

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Ballina, Ballina

  House Townhouses Units
Median listing price $900,000 $695,000 $610,000
Median price change - last quarter 0.00% 0.00% 0.00%
Median price change - 1 year 5.88% 1.45% 1.66%
Median price change - 2 years 5.88% -0.65% 1.66%
  House Townhouses Units
Median weekly rent $720 $600 $510
Median yield % 4.16% 4.48% 4.34%
Median rent change - 1 year 7.46% 4.34% 6.25%
  House Units
Previous month sales 8 2
Stock on market previous month 38 9
Stock variance vs. last year -17.39% -47.06%
Average days on market 104 105

Ballina investment property listings

Showing 1 of 1 investment properties found in Ballina on realestateinvestar.com.au

162 - 164 River St, Ballina

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Set and Forget... Prime Superfund Investment Opportunity

Set in one of the most tightly held and highly visible pockets of Ballina, 162-164 River Street offers a rare blend of modern functionality and long-term investment security. Originally home to ANZ Bank for many years, today, it continues its legacy as the home of The Yard Gym, a premium boutique ...

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Commercial

NSW 2478


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