West Ballina, 2478 ranked 1092th in NSW when comparing growth in median property values or capital gain over the last 12 months. West Ballina is one of 3163 in our list for NSW
While West Ballina,2478 ranked number 1233th in NSW for increase in median house value (annualised) increase, it is ranked 982th over the last 5 years.
Our latest figures would indicate that property sellers in West Ballina are currently offering property investors an average price cut of -7.55% below the asking price at the moment.
Situated 598.34km from the CBD, West Ballina is one of Ballina (A) localities in the postcode 2478.
Investment property in West Ballina has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -13.98%
West Ballina,2478 was ranked 1400 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 -4.18%. This puts suburb at number 331th in NSW when ranking the most discounted suburbs.
On average over the past year, suburb has had 2.08 sales per month, which equates to 25 per year.