SOLD
Sold on 16 Feb 2024 for $760,000

196 Tamar Street
Ballina NSW 2478

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 114m2
Land area: 776m2
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Sold By
Peter Carmont
Professionals Ballina
Rob Mcgoldrick
Professionals Ballina
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Property Details for 196 Tamar St, Ballina

196 Tamar St, Ballina is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 776m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom House sold in Ballina in the last 12 months.

Building Type
House
Floor Size
114m2
Land Size
776m2
Local Government
Ballina
Lot/Plan
10/54/DP2636

Last Listing description (April 2024)

This timeless classic federation home with its original timber floors, enclosed veranda and soaring ceilings is ripe for a makeover to regain the charm of a bygone era. Nestled on a street corner the property boasts dual street frontage on a substantial 790m2 block that is zoned medium density making it perfect for a development project. This unique offering provides multiple levels of development possibilities including the preservation of the existing home while developing the remainder of the land subject to council approval. The convenience of location, being a leisurely stroll away from the Richmond River and sporting fields, adds to the properties allure. With its versatile appeal this property will suit a range of buyers from first-time homebuyers to savvy investors and developers. The property is ready to live in or let out, start your journey to home ownership or maximise your return from day one

790m2 block zoned medium density
Large L shaped wrap around veranda

Dual street frontage
Affordable home or redevelopment site

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Property History for 196 Tamar St, Ballina, NSW 2478

A timeline of how this property has performed in the market
Last Sold
$760,000
16 Feb 2024
  • 16 Feb 2024
    Sold for $760,000
  • 18 Jan 2024
    Listed for Sale $750,000 - $800,000
  • 06 Jul 2023
    Sold

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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 6,851 properties. Over the last 5 years, Houses in Ballina have seen a 53.79% increase in median value, while Units have seen a 49.50% increase. As at 30 September 2024:

  • The median value for Houses in Ballina is $896,109 while the median value for Units is $705,617.
  • Houses have a median rent of $675 while Units have a median rent of $500.
There are currently 60 properties listed for sale, and 24 properties listed for rent in Ballina on OnTheHouse. According to CoreLogic's data, 239 properties were sold in the past 12 months in Ballina.

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© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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