Ballina at a glance
9,995
People
$980,000
Median sale
$653/wk
Median rent
3.46%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
$879,000
Last sold
18 Mar 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
384 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$879,000
18 Mar 2024 · derived via latest_sale
Local land rate: recorded Semi-detached sales in Ballina (last 5 years) with land size have a median of $2,614/m² of land (n=5). Districts calculation from recorded sales — not a valuation.
Ballina at a glance
9,995
People
$980,000
Median sale
$653/wk
Median rent
3.46%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Ballina
-10.3%
Median sale
Suburb $980,000
+0.40 pp
Gross yield
Suburb 3.46%
Suburb median $980,000 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $653/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Ballina at a glance
9,995
People
$980,000
Median sale
$653/wk
Median rent
3.46%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Raine & Horne Ballina | AlstonvilleCaptivating coastal duplex with zero strata fee’s
Nestled within the coveted Ferngrove Estate and sure to impress, this property epitomizes the allure of coastal living in beautiful Ballina. Just a leisurely stroll away from Ferngrove reserve park and a short drive to the vibrant heart of the town, with the Ballina Fair Shopping Centre, Aldi supermarket, and schools and beaches, this residence is a testament to convenience and comfort.
Step into a thoughtfully designed and generously proportioned duplex, where each dedicated area seamlessly flows, creating an inviting and open ambiance. The first being the tiled lounge space with reverse cycle air conditioner and access to a unique garden scaped courtyard, separate from the yard. From there, Step outside to discover an inviting alfresco area and a level, easy-care yard, creating the perfect setting for entertaining family and friends.
Embrace the luxury of space with three expansive bedrooms, each featuring fans and built-in wardrobes, with the master bedroom designed with privacy in mind. This private haven boasts a separate ensuite, reverse cycle air conditioner, walk through wardrobe and a dedicated sliding glass door that beckons you to a serene and sun-drenched yard, bringing the outside in.
The impressive open plan kitchen and dining delivers ample storage, a dishwasher, and the convenience of gas/electric cooking, while creating a space to cook or entertain. Following on from the kitchen is the internal laundry with rear yard access. The allure of this residence extends further to an office with built in desk and shelving, providing flexibility for professional or creative pursuits.
The Ferngrove Estate, recognized for its professional demographic and family-friendly atmosphere, surrounds you with a friendly community, ensuring that every day in Ballina feels like a cherished chapter in the coastal lifestyle. Whether you are looking to downsize, invest, or enter the Ballina market, this low maintenance property is more than just a home; it's an invitation to embrace the relaxed yet vibrant spirit of Ballina.
Call Mark Ronan today to register for the next open home.
Listing description written by Aaron Ashley, Raine & Horne Ballina | Alstonville — reproduced as published, not verified by Districts.
NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.