Suburb Profile Report for East Ballina NSW (2478)

East Ballina House: Median price $642,000, Annual capital growth 3.76%, Number of sales 72, Weekly median advertised rent $540

East Ballina Unit: Median price $420,000, Annual capital growth 1.48%, Number of sales 90, Weekly median advertised rent $383

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 1023th in the list of Australian suburbs ordered by increase in median house value over the last year, East Ballina, 2478 is in the top 30% with a property value increase of 10.12% recorded in median house prices.

If we look at median property appreciation over just the last three months, East Ballina has given property investors a paper return of 0.31%. This puts Suburb as 783 on a list of fastest fasting appreciating suburbs in NSW

Our latest figures would indicate that property sellers in East Ballina are currently offering property investors an average price cut of -2.88% below the asking price at the moment.

Advertised rents are around the $540 mark per week – giving a return of 4.37% based on the median price in Suburb

Over the last year, property investments in East Ballina, 2478 have given investors a capital gain of 15.07%. This compares very favourably with the 6.59% for NSW as a whole.

Across a shorter period, East Ballina, 2478 has seen a median price increase of 0.00% over the last quarter.

Our latest figures would indicate that property sellers in East Ballina are currently offering property investors an average price cut of -3.66% below the asking price at the moment.

East Ballina is 157th on a list of best yielding suburbs for rents in NSW with a 4.74% return

HOUSE UNIT
$642,000 $420,000
0.31% 0.00%
10.12% 15.07%
3.76% 1.48%
$540 $383
72 90
4.37% 4.74%
98.54 66.86

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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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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