OFF MARKET

162/1 Riverbend Drive
West Ballina NSW 2478

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 253623m2
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Last updated 11 Nov 2024
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Property Details for 162/1 Riverbend Dr, West Ballina

162/1 Riverbend Dr, West Ballina is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 253623m2.

Building Type
House
Land Size
253623m2
Local Government
Ballina

Last Listing description (July 2019)

Some 3 1/2 years ago I began life in the Riverbend Lifestyle Village, Ballina as a Display Home. Being a Display Home meant that I came with a number of extras such as the dishwasher, drop-down pendant lights and a waterfall bench in the kitchen. My original and current owners have now lived in me for 3 years and have thoroughly enjoyed our time together and the surrounding community atmosphere. I have the added bonus of having no neighbours on my western side which gives me an open outlook and extra space. My unique design is called a mako which allows me to enjoy a decent-sized and private rear verandah, a master ensuite and a large walk-in robe. My fenced backyard is ideal for a small dog, and, as well as the lock-up storeroom/workshop I come with a double tandem garage (auto door). I am air-conditioned with zip blinds on both the front and back verandahs for added privacy and security.
In the last 2 years I have had 2kw solar PV panels added to my roof and now my annual electricity bill is less than $200.I love my village lifestyle with all of the wonderful facilities including the pool, bowling green and gated security. I never have to mow the lawn or take the garbage out. There are no council rates to pay and no stamp duty on my purchase price. Unfortunately, my owners are leaving for family reasons and I am keen to find new owners as soon as possible. I am located at 162/1 Riverbend Drive, Ballina and I will be considering all 'Expressions of Interest' between $460,000 and $480,000.
Property Code: 274

Property History for 162/1 Riverbend Dr, West Ballina, NSW 2478

A timeline of how this property has performed in the market
  • 24 Sep 2018
    Listed for Sale $460,000 to $480,000

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About West Ballina 2478

The size of West Ballina is approximately 10.7 square kilometres. It has 13 parks covering nearly 6.2% of total area. The population of West Ballina in 2011 was 2,971 people. By 2016 the population was 3,022 showing a population growth of 1.7% in the area during that time. The predominant age group in West Ballina is 60-69 years. Households in West Ballina are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Ballina work in a professional occupation. In 2011, 63.5% of the homes in West Ballina were owner-occupied compared with 65.4% in 2016.

West Ballina has 1,804 properties. Over the last 5 years, Houses in West Ballina have seen a 65.20% increase in median value, while Units have seen a 46.71% increase. As at 31 October 2024:

  • The median value for Houses in West Ballina is $941,681 while the median value for Units is $713,652.
  • Houses have a median rent of $750 while Units have a median rent of $580.
There are currently 16 properties listed for sale, and no properties listed for rent in West ballina on OnTheHouse. According to CoreLogic's data, 84 properties were sold in the past 12 months in West ballina.

Suburb Insights for West Ballina 2478

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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.