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.
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.
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
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:
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