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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 6.50% over the past year and changed 5.88% over 2 years.

The median rent in Ballina for houses is $700 per week and the median rental yield is 4.04%. Stock on the market for houses/townhouses has changed -17.31% compared to last year and the average time to sell a house/townhouse is 108 days.The median listing price for units is $597,500 and this has changed -0.42% over the past year. The average unit takes 125 days to sell and the median rent for a unit in Ballina is $500 per week, producing a rental yield of 4.35%.

Supply & Demand in Ballina, Ballina

0.58%

Current vacancy rate


32

Rental stock available


8,650

Population


36.84%

Rental population


0.57%

Current vacancy rate


134

Rental stock available


41,792

Population


25.06%

Rental population


1.02%

Current vacancy rate


37,030

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 $690,000 $597,500
Median price change - last quarter 0.00% 0.00% 0.00%
Median price change - 1 year 6.50% 1.09% -0.42%
Median price change - 2 years 5.88% -1.43% -0.34%
  House Townhouses Units
Median weekly rent $700 $600 $500
Median yield % 4.04% 4.52% 4.35%
Median rent change - 1 year 5.26% 3.44% 4.16%
  House Units
Previous month sales 10 0
Stock on market previous month 43 8
Stock variance vs. last year -17.31% -46.67%
Average days on market 108 125

Ballina investment property listings

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

21-23 Clark St, Ballina

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Rare Investment Opportunity - High-Yield Storage Facility & Offi

An exceptional income-generating asset from day one, this prime freehold property offers outstanding investment potential. Offered for sale in one line, the property consists of two titles: • 21 Clark Street - 33 Storage Sheds | Land Size: 1,180m² • 23 Clark Street - 38 Storage Sheds ...

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NSW 2478


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