6/31 Mckinnon Street, East Ballina NSW 2478

6/31 Mckinnon Street, East Ballina NSW 2478
North-facing balcony overlooking park reserve | 200m to Lighthouse Beach | Two secure car spaces | Quiet rear-complex position in premium coastal suburb. This unit occupies a rare position within East Ballinaโ€™s tightly held beachside market. The north-facing balcony, opening directly onto a tree-lined reserve, provides a private outlook that most apartments at this price point cannot match. Proximity to Lighthouse Beach, the surf club, and Shaws Bay makes it a strong candidate for lifestyle buyers or downsizers seeking low-maintenance coastal living without compromising on space. Two car spaces, including a secure garage, add practical weight in a suburb where parking is often constrained. The open-plan layout and built-in robes meet the expectations of the target buyer without requiring immediate renovation. The primary risk is the strata structure. As a unit within a 960mยฒ complex, buyers should confirm the sinking fund balance and recent levy history before committing. The estimated value of $1,061,000 sits well above the implied search band, suggesting either a motivated seller or a pricing gap that requires careful negotiation. For an investor, the recent lease history confirms rental demand, though yield will be modest at current pricing. The absence of flood or bushfire overlay simplifies insurance and long-term holding costs. This property suits a buyer who values location and outlook over square metreage, and who is prepared to hold through a normal market cycle for capital growth driven by scarcity in the beachside corridor.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 6/31 Mckinnon Street, East Ballina NSW 2478
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Market Insight:

East Ballina presents as a mature coastal suburb with a stable, high-value housing market, appealing strongly to affluent professionals and retirees. Demand is underpinned by its established demographic profile, supporting consistent price growth despite a sales pace that can be slower than the broader state. Future performance will rely on the suburb’s enduring appeal to this demographic, though its premium pricing may present an affordability constraint for some buyers.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

2

Land

960mยฒ

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