Property value increases in West Ballina have tracked just lower than the NSW average of 7.47% over the last 12 months.
A 1.13% growth in median value for property investors in West Ballina,2478 puts this suburb at number 1213th in terms of best performing suburbs in NSW
West Ballina2478 is located in NSW which offers an average discount of -5.49% to property investors. West Ballina itself is showing figures that indicate -4.02% is the average achievable by property buyers investing in the suburb.
If you compare the increase in value of investment property in West Ballina, 2478 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 14.99%.
Across a shorter period, West Ballina, 2478 has seen a median price increase of 9.77% over the last quarter.
Property buyers and investors in West Ballina 2478 should be seeing an average reduction in asking price of around -3.42% . This means that West Ballina is holding prices well when compared to other suburbs in NSW.
West Ballina is 67th on a list of best yielding suburbs for rents in NSW with a 5.37% return