Suburb Profile Report for East Ballina NSW (2478)

East Ballina House: Median price $655,500, Annual capital growth 3.95%, Number of sales 66, Weekly median advertised rent $550

East Ballina Unit: Median price $447,500, Annual capital growth 2.08%, Number of sales 96, Weekly median advertised rent $390

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 7.46% for the last 12 months, East Ballina, 2478 has performed for property investments than its average annual 3.95% property growth over the last 5 years.

East Ballina,2478 has offered an average of 7.46% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in East Ballina should be aiming for at least -4.71% off the asking price, which is the average vendor discount being achieved at the moment.

East Ballina, 2478’s gross rental yield is 4.36%

Property value increases in East Ballina have tracked just higher than the NSW average of 5.73% over the last 12 months.

While East Ballina,2478 ranked number 71th in NSW for increase in median house value (annualised) increase, it is ranked 404th over the last 5 years.

The most recent median price for East Ballina is $447500, with sellers offering an average of -3.69% off the asking price.

With the median price for a house in East Ballina being $447500 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 4.53%

Metrics i HOUSE UNIT
$655,500 $447,500
1.63% 6.55%
7.46% 13.29%
3.95% 2.08%
$550 $390
66 96
4.36% 4.53%
108.13 74.74

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 5318
Median household income ($/weekly) 1068
Median age of persons 46
Median housing loan repayment ($/monthly) 1733
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 583 11.0
    35-44 years 631 11.9
    45-54 years 824 15.5
    55-64 years 930 17.5
    65-74 years 519 9.8
    Others 1832 34.4
    Age Group
    Census Count Percent(%)
    Registered Married 2026 49.8
    Not Married 1605 39.5
    Defacto Relationship 434 10.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 4455 88.4
    Papua New Guinea 96 1.9
    South Africa 24 0.5
    United Kingdom 210 4.2
    Other 88 1.7
    Others 166 3.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 80 1.7
    Christianity 3612 74.6
    Hinduism 7 0.1
    Other Religious Groups 24 0.5
    No Religion 1118 23.1
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 242 12.4
    $600-$799 225 11.5
    $800-$999 225 11.5
    $1,250-$1,499 187 9.6
    $1,500-$1,999 277 14.2
    Others 795 40.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1614 37.9
    Employed, worked full-time 1389 32.7
    Employed, worked part-time 930 21.9
    Employed, away from work 180 4.2
    Unemployed, looking for work 140 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 523 20.9
    Technicians & trades workers 348 13.9
    Community & personal service workers 300 12.0
    Clerical & administrative workers 347 13.9
    Sales 330 13.2
    Others 650 26.0
    Occupation
    Census Count Percent(%)
    Pre-school 80 6.9
    Infants/Primary 387 33.4
    Secondary 318 27.5
    Technical or Further Educational Institution 147 12.7
    University or other Tertiary Institutions 201 17.4
    Others 25 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3283 65.8
    Flat, unit or apartment 1019 20.4
    Semi-detached, row or terrace house, townhouse 562 11.3
    Caravan, cabin, houseboat 124 2.5
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 923 43.2
    Rented 674 31.5
    Being purchased 533 24.9
    Other tenure type 7 0.3
    Tenure Type
Census 2011, ABS
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