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This property has been sold for $1,175,000 on 31 July 2026

37 days on market

Market context at sale

Suburb cycle phase
Balanced
RBA cash rate
4.35%
Suburb median (July 2026)
$735,000(+60%)

1/107 Cherry St, Ballina, NSW, 2478

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Asking Price

$1,150,000 - $1,250,000

4 Beds2 Baths2 Cars
Land: 373 m2
Floor: 212 m2
Built: 2005

Property overview

This 4-bedroom townhouse at 1/107 Cherry St in Ballina, NSW 2478 sold for $1.2M in July 2026, with 2 bathrooms and parking for 2. It offers a 373 m2 block and 212 m2 of internal living space. The townhouse was built in 2005. The median house price in Ballina is $980K. Council data records flood overlay on the site. 8 schools sit within about 5km, and the area scores 34 for walkability and 5 for transit out of 100.

Signal summary

A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.

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Based on $1,250,000 asking signal.

Signals use available listing and suburb data. They are not personal financial advice.

  • Planning overlay risk

Listed

Updated

Days on market

37

Investment Score

Essentials feature

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Ballina at a glance

House market signals | NSW 2478

Full suburb profile

Median

$980K

Market signals

To CBD

600 km

Flood zone

Est. Valuation

$1,179,391

Potential Sell Price

Est. Rent/wk

$900

Potential Gross Yield

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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.

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Key Highlights

Priced 28% above suburb median
Suburb grew +5.8% last year
Vacancy rate 0.3%
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Planning Overlays

Overlays Detected

Subdivision & Development Potential

R3Medium Density Residential

Indicative assessment only. Consult your local council planning department for definitive subdivision information.

Total Cost to Purchase

Purchase Price
$1,250,000
Stamp Duty (New South Wales)
$50,763
Transfer/Registration Fee
$400
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Total Cash Required
$1,303,863

Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.

Listing Details

Density
Low Density
Listed
Last Updated
Postcode
2478

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