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Investment Property East Ballina, NSW, 2478

Suburb Snapshot

East Ballina is a suburb in the Ballina Region of New South Wales. East Ballina has a population of 5,567 people and 26.58% of its occupants live in rental accommodation. The median listing price for houses is $1,255,000 and this has changed 4.58% over the past year and changed -1.96% over 2 years.

The median rent in East Ballina for houses is $780 per week and the median rental yield is 3.23%. Stock on the market for houses/townhouses has changed 20.00% compared to last year and the average time to sell a house/townhouse is 83 days.The median listing price for units is $750,000 and this has changed 10.29% over the past year. The average unit takes 107 days to sell and the median rent for a unit in East Ballina is $590 per week, producing a rental yield of 4.09%.

Supply & Demand in East Ballina, Ballina

0.42%

Current vacancy rate


12

Rental stock available


5,567

Population


26.58%

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 East Ballina, Ballina

  House Townhouses Units
Median listing price $1,255,000 $750,000 $750,000
Median price change - last quarter -0.80% 4.16% 0.00%
Median price change - 1 year 4.58% -1.00% 10.29%
Median price change - 2 years -1.96% -13.80% 10.29%
  House Townhouses Units
Median weekly rent $780 $650 $590
Median yield % 3.23% 4.50% 4.09%
Median rent change - 1 year 8.33% 9.24% 7.27%
  House Units
Previous month sales 8 1
Stock on market previous month 24 6
Stock variance vs. last year 20.00% -40.00%
Average days on market 83 107

East Ballina investment property listings

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