March 21, 2017
The size of Ballina is approximately 21 square kilometres. It has 14 parks covering nearly 5% of total area. The population of Ballina in 2006 was 7,925 people.
By 2011 the population was 7,867 showing a stable population in the area during that time. The predominant age group in Ballina is 0-14 years. Households in Ballina are primarily childless couples and are likely to be repaying between $1800 - $2400 per month on mortgage repayments.
In general, people in Ballina work in a non-specific occupation.
In 2006, 53.4% of the homes in Ballina were owner-occupied compared with 49.6% in 2011.
Currently the median sales price of houses in the area is 523,750.
Repayments for a Loan size of $500,000 at 4.50% interest, estimated weekly repayments would start at $585 per week. These repayments are based on a 30 year loan term.
For more information on Ballina NSW, contact us today for an RP Data property report.