SOLD
Sold on 12 Sep 2024 for $2,275,000

1 Convair Avenue
Ballina NSW 2478

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 958m2
Land area: 1870m2
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Property Details for 1 Convair Ave, Ballina

Building Type
Commercial
Floor Size
958m2
Land Size
1870m2
Local Government
Ballina
Lot/Plan
34/DP838295

Last Listing description (June 2013)

Outstanding Corner Development at 77 Southern Cross Dr Ballina
Outstanding corner site on Southern Cross Drive the main arterial to the Ballina/Byron Airport
Quality concrete tilt up construction built by reputable builder. Large Land Area: 1870m2 approximately

Building Area: 958m2 approximately
2 Long term tenants with new leases.
Net rent approximatly $80,000
For further details and plans please contact your commercial specialist Troy Outerbridge on 0418 604 525 or Chris Harley on 0412 758 830.
Property Code: 25

Property History for 1 Convair Ave, Ballina, NSW 2478

A timeline of how this property has performed in the market
Last Sold
$2,275,000
12 Sep 2024
  • 12 Sep 2024
    Sold for $2,275,000
  • 30 Apr 2013
    Sold for $1,090,000
  • 25 Mar 2011
    Listed for Sale 1300000
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About Ballina 2478

The size of Ballina is approximately 21.5 square kilometres. It has 21 parks covering nearly 29.4% of total area. The population of Ballina in 2011 was 7,874 people. By 2016 the population was 8,655 showing a population growth of 9.9% in the area during that time. The predominant age group in Ballina is 60-69 years. Households in Ballina are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ballina work in a trades occupation. In 2011, 49.4% of the homes in Ballina were owner-occupied compared with 51.3% in 2016.

Ballina has 6,867 properties. Over the last 5 years, Houses in Ballina have seen a 50.45% increase in median value, while Units have seen a 36.46% increase. As at 30 November 2024:

  • The median value for Houses in Ballina is $902,530 while the median value for Units is $669,108.
  • Houses have a median rent of $700 while Units have a median rent of $510.
There are currently 34 properties listed for sale, and 24 properties listed for rent in Ballina on OnTheHouse. According to CoreLogic's data, 257 properties were sold in the past 12 months in Ballina.

Suburb Insights for Ballina 2478

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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.