5 Johnson Drive, West Ballina NSW 2478
5 Johnson Drive, West Ballina NSW 2478
West Ballina river corridor | Johnson Drive boat ramp proximity | family-oriented detached stock | flood overlay possible | water-adjacent lifestyle demand
The property sits within a corridor where water access and family living intersect, making it a rare find for buyers who want both practical suburban amenity and recreational connection to the river. The surrounding stock is predominantly detached family houses on mid-sized to larger blocks, with a clear split between older renovated homes and premium waterfront residences. This property likely serves buyers seeking a lifestyle upgrade without sacrificing proximity to schools, shops, and the airport. Its position near the Fishery Creek boat ramp adds a distinct recreational edge that standard suburban listings cannot offer, appealing strongly to boating and fishing households.
The value picture may be shaped by site-specific factors rather than suburb-wide averages. Flood overlay exposure exists in parts of West Ballina, so the house’s elevation and construction type could materially influence both insurance costs and long-term desirability. The condition of the kitchen, bathrooms, and any recent renovations will likely drive how it compares to both older original stock and the higher-end waterfront homes nearby. Land size and whether the property has direct water access, a pontoon, or simply proximity to the ramp will also play a meaningful role in price formation. Buyers should weigh these elements carefully when assessing what the property is worth to them personally.
|| Comparable Sales: 9 Mainsail Place sold $1.9M; 62 Riverview Avenue sold $382K | Property Price Band: $800K–$1.3M | Value Drivers: flood resilience, land size, water access proximity, renovation condition
Detailed Independent Property Report prepared by PropCred Analyst team for 5 Johnson Drive, West Ballina NSW 2478
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
West Ballina, a compact riverside locale near Ballina, is attracting investors and premium owner-occupiers. House demand is underpinned by gross rental yields of 4.64% and weekly rents to $750, with higher-end listings reaching $2.3 million. Median house prices range $885,000–$940,000, with annual growth of 5.36–9.2% and 50–56 sales in the past year. Properties move quickly, averaging 38–41 days on market. The unit segment is weaker, showing -5.97% annual price decline despite a 4.90% yield. Future drivers are limited supply, particularly a tight rental market with only two listings, and sustained demand for riverside positions. Key constraints are affordability, with some sales exceeding $1.8 million, and rate sensitivity given variable mortgage rates around 5.34–5.44%.
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PropCred Estimated Value
Comparable Sales: 9 Mainsail Place sold $1.9M; 62 Riverview Avenue sold $382K | Property Price Band: $800K–$1.3M | Value Drivers: flood resilience, land size, water access proximity, renovation condition
Bedrooms
3
Bathroom
1
Parking
4
Land
723m²
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