Unit 37, 586 RIVER STREET West Ballina NSW 2478
This property is Off Market
- 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 5.24 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
- 10/22/2024 3 SPINNAKER CRES $1,234,000
- 10/22/2024 15 SUNNYBANK DR $650,000
- 10/14/2024 70 WESTLAND DR $710,000
- 10/8/2024 23 OAKLAND AVE $787,000
- 10/8/2024 6 BURNS POINT FERRY RD $2,200,000
About Ballina
With an average age of 56, households expect an average monthly mortgage payment of $1,484 or a weekly rent payment of $320. The average family earns a weekly income of $1,036 with a typical household size of 1.7 and a 89.87% employment rate.
In West Ballina there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in West 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. The slightly lower than average earnings from occupations in West Ballina changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in West 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 West 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 West 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 9%)
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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Teven-Tintenbar Public School
Tintenbar, NSW, 2478 State K-6 -
Biala Special School
Ballina, NSW, 2478 Independent U -
St Francis Xavier Primary School
Ballina, NSW, 2478 Independent K-6 -
Southern Cross School of Distance Education
East Ballina, NSW, 2478 State K-12 -
Richmond Christian College
Ballina, NSW, 2478 Independent K-12 -
Emmanuel Anglican College
Ballina, NSW, 2478 Independent K-12
Property Story
Unit 37, 586 River Street, West Ballina, Nsw, 2478 is a residential property . The estimated distance to the sea is 5.24km and at least 1.31KM to vegatation considered to be a factor in bushfire risk.Local Developments
To see the latest development applications
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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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