Average price trends
695,000
Jan
850,000
Feb
1.1 M
Mar
What are the property taxes in Ballina and are there any other ongoing costs I should consider?
In Ballina, New South Wales, Australia, property taxes, known as council rates, vary depending on property size and type, averaging around $ 2,400 AUD annually. Additionally, water and sewage fees are typically around $ 940 AUD per year. It's important for property owners to also account for maintenance costs, insurance, and strata fees if applicable.
What types of upfront costs and fees will I have to pay when purchasing a property in Ballina?
When purchasing a property in Ballina, upfront costs include stamp duty, legal fees, building and pest inspection fees, and loan application fees. Stamp duty varies by property value; use online calculators for an estimate. Legal fees range around $ 1,000 AUD to $ 1,500 AUD. Inspection costs are usually between $ 400 AUD to $ 600 AUD. Loan application fees can vary, averaging between $ 0 AUD to $ 600 AUD.
How does the Ballina property market compare to ther regions in the Australia?
The Ballina property market has a median house price of approximately $1,050,000 AUD, which is higher than Tamworth's average of $ 450,000 AUD but more affordable compared to Sydney's median of approximately $1,410,000 AUD. This reflects Ballina's growing appeal, balancing lifestyle and relative affordability compared to major metropolitan areas.
