406 River Drive, Empire Vale NSW 2478
This property is Off Market
- Last sold 12/18/2017 for $625,000. The Average property price in this area is $1,256,224, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 3.25 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential flood risk
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/17/2024 708 RIVER DR $1,200,000
- 11/9/2023 486 RIVER DR $525,000
- 9/15/2023 714 RIVER DR $1,300,000
- 5/2/2023 92 MOYLANS LANE $330,000
- 4/11/2023 516 RIVER DR $430,000
About Ballina Region
With an average age of 48, households expect an average monthly mortgage payment of $1,671 or a weekly rent payment of $410. The average family earns a weekly income of $1,760 with a typical household size of 2.6 and a 96.67% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Empire Vale is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Empire Vale provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Empire Vale to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Empire Vale we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Empire Vale a better buying opportunity than it may have been in the past.
Public Transport
Byron Beach
Burns Point Ferry
General Points of Interest
Ballina War Memorial Olympic Pool
Ballina RSL Sub Branch Cenotaph
Pioneer Memorial Cemetery
Missingham Bridge
Munsies Bridge
Ballina Golf & Sports Club
Ballina Memorial Pool & Waterslide
The Big Prawn
Tassiriki Ranch Horse Riding and Holiday Cabins
Thursday Plantation Visitor Centre
Population
(Country of Birth not stated 6%)
Are people healthy?
There are a recorded 2132 asthma sufferers and 693 people living with diabetes. In addition, 947 people have a heart/vascular condition and 1817 people live with three or more chronic diseases.A good place to invest in property?
Ballina Region a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
New South Wales State average 59 / 100
Income
18 / 100
31 / 100
Industry
19 / 100
22 / 100
Population
20 / 100
19 / 100
House Prices
58 / 100
60 / 100
Jobs
30 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsBallina Coast HS Empire Vale PS
-
Emmanuel Anglican College
Ballina, NSW, 2478 Independent K-12 -
Cabbage Tree Island Public School
Cabbage Tree Island, NSW, 2477 State K-6
Property Story
406 River Drive, Empire Vale, Nsw, 2478 is a residential property with 3 bedrooms, 3 bathrooms and 2 Parking spaces. The estimated value of this home is $960,000 while properties of this type typically sell for between $1,950,000 and $1,950,000 in this suburb. The estimated distance to the sea is 3.25km and 0.64KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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