69 Silver Gull Drive, East Ballina NSW 2478
69 Silver Gull Drive, East Ballina NSW 2478
Renovated coastal house on 753sqm | East Ballina walk to beach and shops | Pool and cabana for family living | Strong rental demand in tight coastal market
The propertyโs competitive strength lies in its rare combination of a large, flat 753sqm block with a fully renovated house and in-ground pool, within walking distance to Angels Beach and local amenities. For a family or downsizer seeking a lock-and-leave coastal lifestyle, this configuration eliminates the need for further capital outlay while offering immediate utility. The side access and shed add practical value for boat or trailer owners, a feature that sharpens buyer interest in this corridor. The mid-range value estimate of $1.5M positions it as a solid entry into East Ballinaโs tightly held market, where renovated stock with pool and cabana is infrequent.
The primary risk is the propertyโs age,built in 1998,meaning structural elements like roofing, plumbing, and electrical systems may require attention within the next five to ten years, which a buyer should budget for. The NBN FTTN connection is a minor limitation for remote workers but not a deal-breaker given 5G coverage. Rental yield at 3.67% is modest, but the propertyโs appeal to owner-occupiers and holiday tenants supports capital growth in a constrained coastal market. Hold for medium-term appreciation or occupy for lifestyle; the pool and outdoor living area underpin enduring demand.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 69 Silver Gull Drive, East Ballina NSW 2478
Market Insight: East Ballina NSW 2478
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.