26 Moon StreetBallina NSW 2478
Property Details for 26 Moon St, Ballina
26 Moon St, Ballina is a 1 bedroom, 1 bathroom House with 4 parking spaces and was built in 1960. The property has a land size of 853m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in April 2010.
Last Listing description (April 2010)
TOP SHELF INVESTMENT
THIS PROPERTY OFFERS INVESTORS A WIDE RANGE OF OPPORTUNITIES AS IT CONSISTS OF 4 FLATS ON A MEDIUM DENSITY ZONED SITE WITH 3 STREET FRONTAGES. THE INCOME IS TOP RATE BEING WITH A CURRENT GROSS RENTAL RETURN IN EXCESS OF $43,500 PER ANNUM. IT IS IN A GREAT LOCATION ON THE BALLINA ISLAND BEING RIGHT ON THE FRINGE OF THE CBD BEING ONLY 250 METRES TO RIVER STREET SHOPPING AND EVEN CLOSER TO THE POST OFFICE AND SURROUNDING BUSINESSES. IT IS RARE THAT YOU CAN GET SUCH A GOOD RETURN ON YOUR MONEY AND HAVE SUCH FUTURE DEVELOPMENT POTENTIAL.
ADDITIONAL FEATURE - LAND AREA OF 853M2 ZONED MEDIUM DENSITY.
Property History for 26 Moon St, Ballina, NSW 2478
- 09 Sep 2015Listed for Rent - Price not available
- 17 Mar 2011Listed for Rent - Price not available
- 20 Apr 2010Sold for $670,000
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0About 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.
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