OFF MARKET

525/2 Martin Street
Ballina NSW 2478

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 81m2
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Property Details for 525/2 Martin St, Ballina

525/2 Martin St, Ballina is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 81m2 and floor size of 58m2.

Building Type
Unit
Year Built
2007
Floor Size
58m2
Land Size
81m2
Local Government
Ballina

Last Listing description (February 2024)

Have your own 1 bedroom suite for your getaways at the Ramada Ballina/ Byron Hotel & Suites and for the rest of the year collect the rental income. The luxury hotel offers 4.5 star fully furnished apartments positioned on the beautiful Richmond River in the heart of central Ballina. The complex has frontage to the Richmond River and is approximately a 5 minute drive from the Ballina/ Byron Gateway Airport. Hotel facilities include 24 hour reception, room service, restaurant and bar, conference rooms, heated swimming pool, gymnasium and two level undercover secure parking.

1 Bedroom self- contained poolside suite
Short walk to shops & restaurants

Outdoor heated pool
Lower price range for the Ballina market

Property History for 525/2 Martin St, Ballina, NSW 2478

A timeline of how this property has performed in the market
  • 29 Sep 2023
    Listed for Sale $350,000 - $380,000
  • 19 Oct 2017
    Listed for Sale $265,000

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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, 249 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.