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Sold on 14 Jun 2024 - Price Unavailable

554 Ballina Road
Goonellabah NSW 2480

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 73.9ha
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Property Details for 554 Ballina Rd, Goonellabah

554 Ballina Rd, Goonellabah is a 3 bedroom, 1 bathroom AcreageSemi-rural with 1 parking spaces. The property has a land size of 73.9ha. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom AcreageSemi-rural sold in Goonellabah in the last 12 months.

Building Type
AcreageSemi-rural
Land Size
73.9ha
Local Government
Lismore
Lot/Plan
13/DP1259214

Last Listing description (June 2024)

Extraordinary opportunity to acquire a D.A. Approved subdivision.

The balance of the 'Points North Estate' with an existing 3-bedroom brick and tile home set on 73.9ha in such a strategic location on the Northern Ridges in the heart of Goonellabah, the fastest growing suburb in the Regional City of Lismore.

Situated superbly to take full advantage of the northerly aspect and breathtaking views. Surrounded by existing and future land releases while only minutes to Shopping Centres, Primary and High Schools, Sporting Fields, Sports and Aquatic Centre, Council Chambers, Child Care Centres plus more.

A rare investment opportunity with great possible further residential development (STCA).

'Points North' is only 30 minutes to the Ballina Gateway Airport & 1hr 15 minutes to the Gold Coast.

For Information Memorandum, current valuation and other due diligence material contact the marketing agents:
Michael Shay 0427 862 711
Luke Shay 0416 275 607
Geoff Venn 0405 760 536

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Property History for 554 Ballina Rd, Goonellabah, NSW 2480

A timeline of how this property has performed in the market
Last Sold
14 Jun 2024
Listed for Rent
$460/w
05 Dec 2023
  • 12 Jun 2024
    Sold for $2,000,000
  • 12 May 2023
    Listed for Sale $3,200,000
  • 08 Feb 2023
    Listed for Rent $460 / week

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About 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 6,991 properties. Over the last 5 years, Houses in Goonellabah have seen a 77.31% increase in median value, while Units have seen a 52.40% increase. As at 31 August 2024:

  • The median value for Houses in Goonellabah is $668,385 while the median value for Units is $470,011.
  • Houses have a median rent of $593 while Units have a median rent of $435.
There are currently 94 properties listed for sale, and 11 properties listed for rent in Goonellabah on OnTheHouse. According to CoreLogic's data, 400 properties were sold in the past 12 months in Goonellabah.

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Michael Shay
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Luke Shay
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LJ Hooker Ballina
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