Suburb Profile Report for East Ballina NSW (2478)

East Ballina House: Median price $675,000, Annual capital growth 3.92%, Number of sales 75, Weekly median advertised rent $550

East Ballina Unit: Median price $462,000, Annual capital growth 3.07%, Number of sales 84, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

East Ballina is in the bottom 40% in NSW when comparing median price capital growth over the last year. East Ballina gave property investors a disappointing capital gain figure when compared to the rest of the state, with 5.47%.

Taking the average capital gain, or increase in median house value, East Ballina,2478 has racked up an average of 5.47% over the period. This ranks it number 1413th in the whole country for real estate investors looking at median house price increases.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.45% offered to property buyers. Sellers in East Ballina itself are offering an average vendor discount of -4.59% to real estate investors.

East Ballina is 369th on a list of best yielding suburbs for rents in NSW with a 4.24% return

At number 234th in the list of Australian suburbs ordered by increase in median house value over the last year, East Ballina, 2478 is in the top 20% with a property value increase of 14.64% recorded in median house prices.

While East Ballina,2478 ranked number 92th in NSW for increase in median house value (annualised) increase, it is ranked 347th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that East Ballina is offering property investors an average of -4.26. This rate of discount on properties puts Suburb at number 323th in terms of most discounted suburbs in NSW

Situated 485.45km from the CBD, East Ballina is one of Ballina localities in the postcode 2478.

Metrics i HOUSE UNIT
$675,000 $462,000
2.43% 6.21%
5.47% 14.64%
3.92% 3.07%
$550 $400
75 84
4.24% 4.50%
99.44 70.66

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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