BALLINA 2478
State: NSWPosiProp AI Investment Summary
BALLINA (NSW 2478) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.6% and has experienced a 12-month capital growth of Up 6.2%, with a median house buy price of $950,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$760,000
$890,000
$1,130,000
$950,000
Suburb Market Profile
Last month Ballina had 29 properties available for rent and 35 properties for sale. Median property prices over the last year range from $950,000 for houses to $720,000 for units. If you are looking for an investment property, consider houses in Ballina rent out for $780 PW with an annual rental yield of 4.6% and units rent for $610 PW with a rental yield of 4.2%. Ballina has seen an annual compound growth rate of 6.2% for houses and 3.6% for units.
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