Giving property investors a a stable capital gain of 7.26% for the last year, East Ballina, 2478 is the 1465th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, East Ballina has given property investors a paper return of 1.98%. This puts Suburb as 611 on a list of fastest fasting appreciating suburbs in NSW
Sellers are offering property buyers an average discount of -3.96% to buyers in East Ballina at the moment, which is less than average for the rest of NSW.
Using the current median advertised rental of $540 and the average annual increase in value of a median property of 3.71%, investors should hope to achieve an overall return of 4.37%
Investment property in East Ballina has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 12.75%
Over the longer term, East Ballina has seen property prices show investors a 28.24% return over the last 3 years. This is worse than over the last 12 months
East Ballina2478 is located in NSW which offers an average discount of -4.45% to property investors. East Ballina itself is showing figures that indicate -3.77% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $390 mark per week – giving a return of 4.83% based on the median price in Suburb