9/167 Tamar Street, Ballina NSW 2478
9/167 Tamar Street, Ballina NSW 2478
Central Ballina infill townhouse | 3 bed, 2 bath, 2 car | Post-2020 strata finish | Low-maintenance CBD corridor | Mixed-use street context
This townhouse sits within a recently approved multi-dwelling development, giving it a clear advantage over much of the older detached housing along this corridor. The three-bedroom, two-bathroom configuration with two car spaces suits owner-occupiers and downsizers who want modern, lock-and-leave living within walking distance of the CBD and River Street amenities. Its strata format means less external upkeep, and its position within a professionally developed complex suggests a consistent, contemporary finish throughout. For buyers prioritising convenience over land, this property delivers a rare combination of new-build quality and central location that is not common in this part of Ballina.
The street itself is mixed-use, with offices and medical premises nearby, which may affect the residential feel compared to quieter suburban streets. Flood overlay has been noted on nearby properties, so it is worth confirming the specific status for this unit before committing. The property’s value may also be shaped by its position within the complex, whether it is ground or upper level, and the quality of its internal finishes, none of which are detailed in the available information. Body corporate levies and common-area maintenance costs should be reviewed, as these directly impact holding costs and overall affordability.
Detailed Independent Property Report prepared by PropCred Analyst team for 9/167 Tamar Street, Ballina NSW 2478
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
1
URL has been copied successfully!
Market Insight
Ballina presents a mature coastal market where demand is anchored by older professionals and trades, alongside a pronounced retiree cohort in the 60–79 age bracket. House prices sit at a $950,000 median with a 3.1% compound annual growth rate, while units have delivered stronger momentum at 10.8% growth to a $720,000 median. Rental demand remains firm, with houses at $755 weekly and units at $600, supporting gross yields of 4.3% and 4.5% respectively. Annual house sales of 93 transactions signals a thin, tightly held market rather than speculative turnover. The primary constraint is affordability – the entry point is high relative to local earnings – but the limited sales pipeline and steady yield compression suggest balanced conditions. Future growth will likely hinge on continued retirement migration and the relative value of units versus detached housing.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 1/167 Tamar Street sold for $850,000 in May 2024; 2/167 Tamar Street sold for $830,000 in July 2023 | Property Price Band: $800K–$900K | Value Drivers: Modern strata condition, central location, low-maintenance layout, and configuration within the complex.
Bedrooms
3
Bathroom
2
Parking
2
Land
2631m²
URL has been copied successfully!