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.