Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

NSW › West Ballina › Leach Cres

21 Leach Cres, West Ballina NSW 2478

For saleHouse for Sale

$1,295,000–$1,345,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

4

Car spaces

630.7 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,295,000–$1,345,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,295,000–$1,345,000(Listing record · 4 May 2026)
  • FactLand 631 m²; no building size recorded.(Property record)
  • CalculationAsk is 32% above the West Ballina median recorded sale ($980,000, n=7, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at West Ballina's advertised median rent ($671/wk), implied gross yield would be 2.69% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,295,000–$1,345,000

Asking range · $2,053/m² of land

No recorded sale for this property.

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.

See the full West Ballina report →

Vs West Ballina

+32.1%

Median sale

Suburb $980,000

-0.87 pp

Gross yield

Suburb 3.56%

Suburb median $980,000 from 7 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,295,000
Stamp Duty (New South Wales)
$53,237
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,352,104

$57,104 on top of the price (4.4% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with West Ballina's advertised median rent — not a rent for this listing.

Net yield
1.19%
Annual cashflow (pre-tax)
$-51,873
Interest cover (DSCR)
0.23
Annual rent
$34,892
Operating expenses
$19,425
Loan amount
$1,036,000
Annual interest
$67,340
Gross yield
2.69%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,295,000–$1,345,000available4 May 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

West Ballina in one glance

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.

See the full West Ballina report →

Keep researching

  • Why West Ballina? Read the area thesis →
  • What else is on the market in West Ballina →
  • Other records on Leach Cres →

Listing material

Listed by Lifestyle Group Ballina

Spacious Family Home With Many Extras

3 living zones, serious storage and flood-free - a complete family setup.

Flood-free and well positioned within a quiet, family-friendly pocket of West Ballina, this well-designed two-storey home has been thoughtfully enhanced to offer more space, more functionality and a lifestyle that's easy to settle straight into.

At its core is a light-filled open plan kitchen, living and dining zone, designed for everyday living and connection. The kitchen is well appointed with a walk-in pantry and excellent storage, while plantation shutters throughout add a clean, timeless finish.

Read the full description

Multiple living zones give the home real flexibility, including a separate additional living room downstairs - ideal as a media room, kids' retreat or quiet breakout space, plus a second living area upstairs for added separation.

The master suite includes an ensuite, while a powder room downstairs adds everyday convenience.

Where this home really stands apart is the level of infrastructure and extras. In addition to the double lock-up garage, there's a tandem carport plus a large separate lock-up shed/garage - perfect for boats, trailers, hobbies or additional storage.

Outdoors, the home has been set up for year-round use. The enclosed entertaining area flows seamlessly to a terraced rear yard, creating a functional and private space for relaxing or hosting. Solar panels paired with two Tesla batteries provide long-term efficiency and energy independence.

Key features:

- 4 bedrooms, 2 bathrooms + additional powder room

- Master with ensuite

- Open plan kitchen, living and dining with walk-in pantry

- 3 separate living zones (including additional living downstairs + upstairs retreat)

- Enclosed outdoor entertaining area

- Terraced rear yard

- Double lock-up garage + tandem carport + large separate shed/garage

- Plantation shutters throughout

- Solar system with 2 x Tesla batteries

- Excellent storage throughout

- Flood-free position

- Walking distance to local shops, cafes and West Tower Tavern

- Walking distance to Emmanuel College

- Easy access to the M1

- Approx. 10 minutes to Ballina Byron Gateway Airport (direct flights to Sydney & Melbourne)

- Approx. 45 minutes to Gold Coast Airport

A home that offers more than most-space, flexibility and the kind of extras that are hard to find already done.

DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.

Listing description written by Barb Joblin, Lifestyle Group Ballina — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Dishwasher
  • Solar Panels

Also look at

Also for sale in West Ballina

  • 66 Riverside Dr, West Ballina NSW 2478

    5-bed house. Currently listed.

    For sale
  • 21 Riverside Dr, West Ballina NSW 2478

    3-bed house. Asking $950K–$1.04M.

    For sale
  • U38, 491 River St, West Ballina NSW 2478

    2-bed house. Asking $280K–$300K.

    For sale
  • U38, 1 Riverbend Dr, West Ballina NSW 2478

    3-bed house. Asking $650K.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.