OFF MARKET

605-606/2 Martin Street
Ballina NSW 2478

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Last updated 16 Sep 2024
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Property Details for 605-606/2 Martin St, Ballina

605-606/2 Martin St, Ballina is a 2 bedroom, 2 bathroom Unit with 2 parking spaces.

Building Type
Unit
Local Government
Ballina

Last Listing description (August 2023)

Impeccably positioned to enjoy a stunning waterfront address, this contemporary dual-key apartment presents an unmissable opportunity for investors or holiday makers. Embrace picture-perfect sunsets, choose from an array of resort-style facilities, and make the most of Ballina's popular attractions all within walking distance.

- Fabulous riverfront position in the landmark Ramada Hotel & Suites complex
- Owners can occupy the apartment for up to 150 days per annum

- Wonderfully versatile layout, two separate apartments with dual key access
- Main apartment features a light-washed living area with private balcony
- Sit back and admire the gorgeous views as you entertain friends and family
- Modern central kitchen offers stone benchtops and quality appliances
- Spacious bedroom showcases spa ensuite, AC, direct balcony access
- Separate suite reveals luxurious ensuite and easy flow to a private balcony
- 24 hour reception, 3 onsite restaurants, secure parking, walk-to-everywhere
- Perfect for investors, holiday makers or AirBnb letting
- 3D virtual walkthrough floorplan available in property images

Property History for 605-606/2 Martin St, Ballina, NSW 2478

A timeline of how this property has performed in the market
  • 03 May 2023
    Listed for Sale Contact agent

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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 6,853 properties. Over the last 5 years, Houses in Ballina have seen a 56.51% increase in median value, while Units have seen a 42.48% increase. As at 31 August 2024:

  • The median value for Houses in Ballina is $903,573 while the median value for Units is $690,194.
  • Houses have a median rent of $660 while Units have a median rent of $500.
There are currently 47 properties listed for sale, and 28 properties listed for rent in Ballina on OnTheHouse. According to CoreLogic's data, 248 properties were sold in the past 12 months in Ballina.

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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.