OFF MARKET

8 Grant Street
Ballina NSW 2478

Bedrooms: 4
Bathrooms: 4
Car spaces: 1
Land area: 670m2
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Last updated 16 Sep 2024
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Property Details for 8 Grant St, Ballina

8 Grant St, Ballina is a 4 bedroom, 4 bathroom Unit with 1 parking spaces. The property has a land size of 670m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Land Size
670m2
Local Government
Ballina
Lot/Plan
1/DP508061

Last Listing description (August 2010)

Block of four apartments in the heart of Ballina
A rare opportunity has arisen to secure four apartments, just metres from the heart of Ballina. This property provides a strong income stream in its current format and holds unlimited potential for future development concepts thanks to its business zoning.
Three neat one-bedroom apartments on the lower level

One whole-floor four bedroom apartment on upper level
Sound option for the astute investor, strong rental returns
L-shaped lounge and dining and a functional kitchen upstairs
Well presented interiors and relaxed coastal ambience
Practical layout with neat corner kitchens downstairs
Perfectly positioned and just footsteps from the river
Business zoning gives rise to numerous development options
Ballina city centre, amenities and RSL within 100 metres
Units 1, 2 and 3 - $180 rent per week each, Unit 4 - $500 per week

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Property History for 8 Grant St, Ballina, NSW 2478

A timeline of how this property has performed in the market
Last Sold
$1,375,000
07 Feb 2022
Listed for Rent
$190/w
21 Apr 2011
  • 07 Feb 2022
    Sold for $1,375,000
  • 08 Mar 2011
    Listed for Rent - Price not available
  • 19 Aug 2010
    Sold for $745,000
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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 6,853 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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