West Ballina at a glance
3,214
People
$980,000
Median sale
$671/wk
Median rent
3.56%
Suburb gross yield
Median sale from 7 recorded sales (last 24 months) — a Districts calculation.
NSW › West Ballina › Riverview Ave
$563,000
Last sold
20 Dec 2022
2
Bedrooms
2
Bathrooms
0
Car spaces
417.3 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
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
$563,000
20 Dec 2022 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in West Ballina (last 5 years) with land size have a median of $1,498/m² of land (n=29). Districts calculation from recorded sales — not a valuation.
West Ballina at a glance
3,214
People
$980,000
Median sale
$671/wk
Median rent
3.56%
Suburb gross yield
Median sale from 7 recorded sales (last 24 months) — a Districts calculation.
Vs West Ballina
-42.6%
Median sale
Suburb $980,000
+2.64 pp
Gross yield
Suburb 3.56%
Suburb median $980,000 from 7 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Ballina Local Environmental Plan 2012
Zone
Low Density Residential
R2
Jurisdiction
Ballina
Ballina, NSW
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.
The official layer was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 1 Sept 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWZoned Low Density Residential · R2 (Ballina Local Environmental Plan 2012). Official parcel area about 420 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. If the dual occupancy pathway survives a planner’s check, this lot can outperform a same-suburb house that is hold-as-is only. That is not a forecast. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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 $671/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
This looks more compelling as a land / capital-growth play than a pure yield play — if the dual occupancy pathway survives a planner’s check.
Detail
Zoned Low Density Residential · R2 (Ballina Local Environmental Plan 2012). Official parcel area about 420 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Achieved rent for this address has not been inferred. Gross yield on advertising copy is not the deal.
Nearby DA pipeline is unknown, so neighbourhood change is not in this verdict.
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low Density Residential · R2 (Ballina Local Environmental Plan 2012). Official parcel area about 420 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNSW 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?
KnownmediumNo material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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.
Area
West Ballina at a glance
3,214
People
$980,000
Median sale
$671/wk
Median rent
3.56%
Suburb gross yield
Median sale from 7 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Melanie Stewart Real EstateJUST MASSIVLY REDUCED IN PRICE! - this property is situated just a short stroll to the river, close to shops, schools and an easy, short drive to the beach.
This property is quite unique as it was originally a 3-bedroom home but has been converted to a two-bedroom self-contained unit and a separate one-bedroom unit. The current owner made changes to accommodate an elderly in-law to have them close by, but has been renting the units out separately for several years providing a good, steady and positively geared income! This property could be easily turned back in to a three-bedroom comfortable home.
One unit has a spacious living room, well set out kitchen and two bedrooms along with a bathroom and a good sized rear flat yard that is fully fenced.
The other unit has a living room, casual kitchen, bedroom and new bathroom along with a flat, fenced yard.
This is a fabulous opportunity for a first home buyer to get into the market and be in Ballina, close to the coast. Alternatively, you can rent out the one-bedroom unit and help pay off your mortgage or earn some extra income! An astute investor will see excellent value in this property.
This interstate owner is serious about selling and will listen to genuine offers, call Melanie Stewart on 0421 560 936 to arrange a viewing.
Property Code: 1057
Listing description written by Melanie Stewart, Melanie Stewart Real Estate — reproduced as published, not verified by Districts.