Property value increases in East Ballina have tracked just lower than the NSW average of 10.13% over the last 12 months.
East Ballina,2478 was ranked 2670 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in East Ballina should be aiming for at least -4.54% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in East Ballina being $675000 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 4.24%
Giving property investors a a solid capital gain of 13.10% for the last year, East Ballina, 2478 is the 334th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, East Ballina,2478 has racked up an average of 13.10% over the period. This ranks it number 388th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in East Ballina 2478 should be seeing an average reduction in asking price of around -3.14% . This means that East Ballina is holding prices well when compared to other suburbs in NSW.
Residents and property investors in East Ballina have been waiting around 70.28 days to sell a property.
The NSW suburb of East Ballina, 2478 is in the Ballina local government area.