7/143 Cherry Street, Ballina NSW 2478
7/143 Cherry Street, Ballina NSW 2478
Single-level villa | low-maintenance strata | near North Creek | established complex | mixed-use street edge
This unit is positioned as a single-level villa within an established strata complex, a configuration that is rarely found with internal garage access and private outdoor space. The nearby presentation has been described with fresh paint, neutral tones, and a protected alfresco area, reinforcing a move-in-ready character. Its location on Cherry Street is placed within walking distance of North Creek, parks, and central Ballina services, which is considered a convenience advantage over purely residential pockets. This property is best suited to downsizers and retirees seeking easy-care living, as the single-level floor plan and low-maintenance grounds are intended to reduce upkeep without sacrificing a house-like feel.
The mixed-use character of parts of Cherry Street may be seen as a moderating factor for some buyers. Strata fees and potential special levies might be weighed as holding costs, while renovation expectations might be influenced by the lack of a confirmed build year. Recent paint and carpet updates may be expected to support a price premium if kept in order, but the compact land allocation and shared walls might be viewed as limiting value growth relative to detached houses.
Detailed Independent Property Report prepared by PropCred Analyst team for 7/143 Cherry Street, Ballina NSW 2478
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
2
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Market Insight
Ballina presents as a mature coastal market, characterised by a stable, professional demographic. Demand is underpinned by established residents and those seeking a lifestyle shift, supported by solid rental yields that attract investors. Recent price trends indicate steady capital growth, particularly in the unit segment, reflecting sustained market interest. Future performance will hinge on the suburb’s appeal to downsizers and professionals, though its established nature may temper the pace of growth compared to emerging regions.
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PropCred Estimated Value
Comparable Sales: 1/107 Cherry Street sold for $560,000 in 2015 | Listed Price Band: $800k-$900k | Value Indicator: recent paint and carpet, single-level layout with garage, proximity to North Creek
Bedrooms
2
Bathroom
1
Parking
1
Land
2704m²
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