Suburb Profile Report for East Ballina NSW (2478)

East Ballina House: Median price $675,000, Annual capital growth 3.38%, Number of sales 70, Weekly median advertised rent $560

East Ballina Unit: Median price $515,000, Annual capital growth 4.11%, Number of sales 74, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in East Ballina, 2478 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 4.65%.

Across a shorter period, East Ballina, 2478 has seen a median price increase of 0.00% over the last quarter.

East Ballina2478 is located in NSW which offers an average discount of -5.24% to property investors. East Ballina itself is showing figures that indicate -4.34% is the average achievable by property buyers investing in the suburb.

East Ballina is 292th on a list of best yielding suburbs for rents in NSW with a 4.31% return

East Ballina has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 22.62% to date .

Taking the average capital gain, or increase in median house value, East Ballina,2478 has racked up an average of 22.62% over the period. This ranks it number 268th 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 -4.68% . This means that East Ballina is holding prices well when compared to other suburbs in NSW.

On average over the past year, suburb has had 6.17 sales per month, which equates to 74 per year.

Renters in Suburb are facing rents around $5040 per annum or $420 every week.

Metrics i HOUSE UNIT
$675,000 $515,000
0.00% 8.42%
4.65% 22.62%
3.38% 4.11%
$560 $420
70 74
4.31% 4.24%
75.74 74.96

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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