NSW has seen average median house prices change by 11.06% which means that West Ballina, 2478 has done well for property investors by showing a capital gain of -2.26% over the last year
Over the longer term, West Ballina has seen property prices show investors a 23.43% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in West Ballina 2478 should be seeing an average reduction in asking price of around -4.04% . This means that West Ballina is holding prices well when compared to other suburbs in NSW.
Residents and property investors in West Ballina have been waiting around 64.41 days to sell a property.
Property investors should expect to get $500 weekly from the median priced house in this suburb.
Over the last year, property investments in West Ballina, 2478 have given investors a capital gain of 22.91%. This compares very favourably with the 8.63% for NSW as a whole.
West Ballina,2478 was ranked 48 in Australia by increase in median property value over the quarter.
Vendor discounting in West Ballina is giving property investors an average Vendor Discount of around -1.86%. This puts suburb at number 446th in NSW when ranking the most discounted suburbs.
Residents and property investors in West Ballina have been waiting around 53.55 days to sell a property.
Renters in Suburb are facing rents around $4560 per annum or $380 every week.