1 Henderson Street, East Ballina NSW 2478

1 Henderson Street, East Ballina NSW 2478
Corner block with parkland views | Five-bedroom, five-ensuite configuration | Polished concrete & underfloor heating | Short stroll to Lighthouse Beach This property presents a rare, high-specification offering in East Ballina, defined by its five-bedroom, five-ensuite layout which is exceptional for the area and caters specifically to large families or those seeking premium guest accommodation without compromise. Its contemporary architectural execution, with finishes like polished concrete floors, underfloor heating, and Miele appliances, positions it at the upper tier of local builds. The corner block elevation capitalises on parkland vistas while providing a level walk to the beach, merging privacy with premier proximity. This house best serves a buyer seeking a permanent, low-maintenance luxury residence with ample space, or a high-end holiday rental operator targeting the premium segment. The primary decision rests on justifying its price premium against recent sales, where the value must be extracted from its superior configuration and finishes, not land size. Recent comparable sales data shows 4-bedroom houses on larger 640m² blocks selling between $1,825,000 and $2,450,000. This property’s asking range of $3,000,000-$3,300,000 demands a significant premium for its additional bedroom and bathroom suite, superior quality, and views. The concurrent rental listing at $2,050 per week confirms strong income potential but underscores the necessity for a substantial deposit to mitigate holding costs. Proceed only if the unique five-ensuite layout and architectural quality provide tangible utility for your needs; otherwise, the market offers more efficient alternatives. For a buyer, this property is a hold for long-term lifestyle benefit, not for short-term land value speculation.

Independent, Unbiased Research from  our PropCred Analyst team 

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.

PropCred Estimated Value

Bedrooms

5

Bathroom

5

Parking

4

Land

528m²

Built

Recent Assessments