Suburb Profile Report for East Ballina NSW (2478)

East Ballina House: Median price $673,750, Annual capital growth 3.74%, Number of sales 76, Weekly median advertised rent $550

East Ballina Unit: Median price $495,000, Annual capital growth 3.70%, Number of sales 79, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report
  • Unit Report

East Ballina has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 6.10% to date .

Across a shorter period, East Ballina, 2478 has seen a median price increase of -0.19% over the last quarter.

Sellers are offering property buyers an average discount of -4.28% to buyers in East Ballina at the moment, which is less than average for the rest of NSW.

In the last year 76 properties changed hands in East Ballina, which puts it as the 427th most active market in NSW when comparing the number of sales per suburb.

Advertised rents are around the $550 mark per week – giving a return of 4.24% based on the median price in Suburb

Over the last year, property investments in East Ballina, 2478 have given investors a capital gain of 17.86%. This compares very favourably with the 8.63% for NSW as a whole.

East Ballina,2478 has offered an average of 17.86% return per annum in house price rises to property investors over the last three years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in East Ballina, 2478. Typically our figures indicate that -3.76% is being offered, which puts this NSW suburb at 1073th most discounted overall in Australia.

Often selling an investment property can take time, and in East Ballina the average time real estate has been on the market is 86.58 days.

The NSW suburb of East Ballina, 2478 is in the Ballina local government area.

Metrics i HOUSE UNIT
$673,750 $495,000
-0.19% -0.60%
6.10% 17.86%
3.74% 3.70%
$550 $420
76 79
4.24% 4.41%
73.36 86.58

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (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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