311 River StreetBallina NSW 2478
Property Details for 311 River St, Ballina
Last Listing description (March 2018)
Resort Brokers ID : LH003835
All operating systems in place and fully refurbished.
Easily managed by one person with support of casual cleaners.
Booming Ballina is a popular traveller and family holiday destination.
Queen through to family room styles in solid brick building.
Nothing to spend plus three bedroom upper level managers residence.
Very high occupancy produces strong repeat cash flow.
Main street exposure with easy two street access.
Walking distance to cafes, restaurants and retail shopping.
NB: Property inspections are by appointment only
Property History for 311 River St, Ballina, NSW 2478
- 09 Jul 2026Sold for $1,225,000
- 09 Jun 2023Listed for Sale Leasehold $1,675,000
- 15 Jul 2015Listed for Sale $525,000
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0About Ballina 2478
The size of Ballina is approximately 21.5 square kilometres. There are 21 parks, covering nearly 29.4% of the total area. The population of Ballina in 2016 was 8655 people. By 2021 the population was 9735 showing a population growth of 12.5% in the area during that time. The predominant age group in Ballina is 70-79 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 professional occupation.In 2021, 53.20% of the homes in Ballina were owner-occupied compared with 51.30% in 2016.
Ballina has 6,957 properties. Over the last 5 years, Houses in Ballina have seen a 14.32% increase in median value, while Units have seen a 13.44% increase. As at 31 July 2026:
- The median value for Houses in Ballina is $996,676 while the median value for Units is $726,660.
- Houses have a median rent of $790 while Units have a median rent of $620.
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