2/64 Cedar Cres, East Ballina is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 137m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in September 2020.
It's not a wonder that this location is so sought after with Lighthouse Beach directly across the road, the Richmond River only 300 metres to the south and its only a 500 metre walk to beautiful Shaws Bay with its protected water area where you can swim anytime. The apartment would be ideal for investors or owner occupiers as it is spacious throughout with a good size balcony on the north east corner of the building. For investors there would be the opportunity to renovate the apartment and let out as a holiday property given its great location and then use it whenever you wanted to visit.
• Small complex of 5 apartments
• Close to walking and cycling paths
The size of East Ballina is approximately 7.9 square kilometres. It has 23 parks covering nearly 34.7% of total area. The population of East Ballina in 2011 was 5,318 people. By 2016 the population was 5,567 showing a population growth of 4.7% in the area during that time. The predominant age group in East Ballina is 60-69 years. Households in East Ballina are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Ballina work in a professional occupation. In 2011, 67.2% of the homes in East Ballina were owner-occupied compared with 66.1% in 2016.
East Ballina has 3,232 properties. Over the last 5 years, Houses in East Ballina have seen a 60.75% increase in median value, while Units have seen a 50.02% increase. As at 31 October 2024:
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