Unit 1, 4 VERA PLACE Ballina NSW 2478
This property is Off Market
- Last sold 2/19/2024 for $695,000. The Average property price in this area is $993,129, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 3.70 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential flood risk
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 4/22/2024 14 BERNARD ST $1,120,000
- 4/19/2024 12 SWEETLIP PL $765,000
- 4/19/2024 289 RIVER ST $750,000
- 4/18/2024 166 TAMAR ST $620,000
- 4/18/2024 105 CHERRY ST $820,000
About Ballina
With an average age of 56, households expect an average monthly mortgage payment of $2,323 or a weekly rent payment of $493. The average family earns a weekly income of $1,521 with a typical household size of 2.1 and a 92.11% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Ballina is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Ballina provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. 'Lower than average population density constrains growth in Ballina to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Ballina we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Ballina a better buying opportunity than it may have been in the past.
Public Transport
Byron Beach
Burns Point Ferry
General Points of Interest
Ballina RSL Sub Branch Cenotaph
Missingham Bridge
Richmond River Nature Reserve
Ballina Golf & Sports Club
Lennox Aquatic Centre
The Big Prawn
Tassiriki Ranch Horse Riding and Holiday Cabins
Epiq Marketplace
Summerland House Farm
Thursday Plantation Visitor Centre
Population
(Country of Birth not stated 11%)
Are people healthy?
There are a recorded 2187 asthma sufferers and 1130 people living with diabetes. In addition, 1303 people have a heart/vascular condition and 2475 people live with three or more chronic diseases.A good place to invest in property?
Ballina a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
New South Wales State average 59 / 100
Income
10 / 100
31 / 100
Industry
17 / 100
22 / 100
Population
17 / 100
19 / 100
House Prices
51 / 100
60 / 100
Jobs
19 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsBallina Coast HS Ballina PS
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Emmanuel Anglican College
Ballina, NSW, 2478 Independent K-12
Property Story
Unit 1, 4 Vera Place, Ballina, Nsw, 2478 is a residential property . The estimated distance to the sea is 3.7km and 0.63KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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