OFF MARKET

132 Cherry Street
Ballina NSW 2478

Bedrooms: 5
Bathrooms: 4
Car spaces: 5
Land area: 566m2
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Property Details for 132 Cherry St, Ballina

132 Cherry St, Ballina is a 5 bedroom, 4 bathroom House with 5 parking spaces. The property has a land size of 566m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
House
Land Size
566m2
Local Government
Ballina
Lot/Plan
1/DP238788

Last Listing description (February 2023)

Superbly located adjacent from Cawarra Park and only 300 metres to North Creek, 132 Cherry Street is a unique opportunity to acquire 2 homes on the one title.
The main house is the original 3 bedroom 2 bathroom 3 car garage home on the block and has a fabulous out look over the park.
The second house is a modern 2 bedroom 2 bathroom 2 car garage house that was built in 2008.

With broad appeal, the property would suit an investor, an owner occupier looking for a passive income or an extended family situation.

Perfect as a home plus investment or as two rental incomes
Potential rental return of $1300/week
Easy walk to Ballina Fair and Ballina Central
300 metres to North Creek
House 1 has 4 KW solar power
House 2 has 6.6KW solar power

Property History for 132 Cherry St, Ballina, NSW 2478

A timeline of how this property has performed in the market
Last Sold
$1,580,000
13 Jan 2023
Listed for Rent
$580/w
03 Feb 2021
  • 13 Jan 2023
    Sold for $1,580,000
  • 22 Dec 2022
    Listed for Sale $1,650,000
  • 08 Jan 2021
    Listed for Rent $580 / week
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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 6,868 properties. Over the last 5 years, Houses in Ballina have seen a 56.81% increase in median value, while Units have seen a 39.96% increase. As at 31 October 2024:

  • The median value for Houses in Ballina is $896,485 while the median value for Units is $679,321.
  • Houses have a median rent of $690 while Units have a median rent of $515.
There are currently 49 properties listed for sale, and 23 properties listed for rent in Ballina on OnTheHouse. According to CoreLogic's data, 248 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.