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This property has been sold for $1,375,000 on 27 Aug 2026
29 days on market
Market context at sale
Property overview
This 2-bedroom unit at 11/1 Cherry Street in Ballina, NSW 2478 sold for $1.4M in August 2026, with 2 bathrooms and parking for 1. It offers 112 m2 of internal living space. The unit was built in 1998. The median unit price in Ballina is $735K. 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.
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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Signals use available listing and suburb data. They are not personal financial advice.
- Planning overlay risk
Listed
Updated
Days on market
29
Investment Score
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Ballina at a glance
Unit market signals | NSW 2478
Median
$735K
Market signals
To CBD
600 km
Est. Valuation
$1,151,243
Potential Sell Price
Est. Rent/wk
$836
Potential Gross Yield
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Key Highlights
Planning Overlays
Overlays Detected
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
From the listing description
Facts the agent has stated in the property description. Each item is attributed - click “View source” to see the original wording and verify against the listing.
Listing Details
- Density
- Low Density
- Listed
- Last Updated
- Postcode
- 2478
- Original listing
- Original listing is on paid plans
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How accurate are AU property valuations?
Four providers benchmarked against 14,000 sold prices. MAE 6.82% to 11.24%, all biased high.
Where Australian property prices are rising and falling in 2026
Capital growth across 12,000+ tracked suburbs: WA +12%, VIC +3.9%, plus the picture in every other state.
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