492 Ballina RoadGoonellabah NSW 2480
Property Details for 492 Ballina Rd, Goonellabah
492 Ballina Rd, Goonellabah is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 641m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (September 2021)
If you are seeking a home with a granny flat to take care of a family member in their own private setting, or a place to live and derive additional income, then look no further.
Quaint looking older styled timber home sits high on the ridge line with views over the valley towards the ranges.
The property sits on a private roadway, off Ballina Road, making access a breeze. The property includes a separately attached one-bedroom self-contained granny flat with its own front door access separate to the main. Air-conditioned open plan lounge, dining & kitchen area, all with direct access to the main home.
The whole property is currently tenanted and returning $370 per/week however with some negotiation the unit could be rented separately for $200 p/w and the house at $350 p/w. This would be a gross return of 8% on investment. Don't delay to view.
Please note, there will be NO OPEN HOMES held and inspections are exclusively BY APPOINTMENT including evenings and weekends. For more details or to arrange private inspection, please call our 24 hour hotline or email us today.
From all of us at Higgins Real Estate Lismore, we wish you every success in your search for your home.
Property History for 492 Ballina Rd, Goonellabah, NSW 2480
- 21 Sep 2021Sold for $520,000
- 20 May 2021Listed for Sale $520,000
- 13 Aug 2018Listed for Sale $325,000
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0About Goonellabah 2480
The size of Goonellabah is approximately 23.5 square kilometres. It has 13 parks covering nearly 2.2% of total area. The population of Goonellabah in 2011 was 12,537 people. By 2016 the population was 12,881 showing a population growth of 2.7% in the area during that time. The predominant age group in Goonellabah is 50-59 years. Households in Goonellabah are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Goonellabah work in a professional occupation. In 2011, 67.6% of the homes in Goonellabah were owner-occupied compared with 66.3% in 2016.
Goonellabah has 7,002 properties. Over the last 5 years, Houses in Goonellabah have seen a 75.08% increase in median value, while Units have seen a 54.64% increase. As at 31 October 2024:
- The median value for Houses in Goonellabah is $679,072 while the median value for Units is $460,945.
- Houses have a median rent of $600 while Units have a median rent of $440.
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