FOR SALE
EOI Closing 9 December 2024 4pm (AEST)

805 Ballina Road
Goonellabah NSW 2480

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 122226m2
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Receivers Sale | Approved 92 Lot Residential Subdivision

Ray White Special Projects QLD in conjunction with JLL are proud to present to the market 805 Ballina Road; an opportunity to acquire an approved infill development site of scale in the Northern Rivers region.
Key features of the property include:
• 122,226m²* landholding with 200m* of frontage to Ballina Road.
• D.A approval to deliver 92 lots at an average size of 844.30m²*.
• Flexible underlying zoning, providing the ability for alternate residential outcomes including MHE**.
• Extensive civil works completed and construction certificate initiated.
• Located 5* minutes from Lismore and 20* minutes to Ballina.
• Flood free with elevated views of the surrounding regions.
Under instructions from Newpoint Advisory as Receiver & Manager
For Sale via Expressions of Interest
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Property Details for 805 Ballina Rd, Goonellabah

Building Type
Commercial
Land Size
122226m2

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About Goonellabah 2480

The size of Goonellabah is approximately 23.5 square kilometres. It has 13 parks covering nearly 2.2% of total area. The population of Goonellabah in 2011 was 12,537 people. By 2016 the population was 12,881 showing a population growth of 2.7% in the area during that time. The predominant age group in Goonellabah is 50-59 years. Households in Goonellabah are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Goonellabah work in a professional occupation. In 2011, 67.6% of the homes in Goonellabah were owner-occupied compared with 66.3% in 2016.

Goonellabah has 6,997 properties. Over the last 5 years, Houses in Goonellabah have seen a 75.08% increase in median value, while Units have seen a 54.64% increase. As at 31 October 2024:

  • The median value for Houses in Goonellabah is $679,072 while the median value for Units is $460,945.
  • Houses have a median rent of $600 while Units have a median rent of $440.
There are currently 100 properties listed for sale, and 14 properties listed for rent in Goonellabah on OnTheHouse. According to CoreLogic's data, 397 properties were sold in the past 12 months in Goonellabah.

Suburb Insights for Goonellabah 2480

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Tony Williams
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Mark Creevey
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RW Special Projects Queensland
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.