Ballina, NSW

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Livability Index
93.5
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Population: 7875

House Growth Prediction (per annual): 21%, 2060th out of 5061

Unit Growth Prediction (per annual): 15%, 1466th out of 2987

Keywords: Active Market, Valuable Market, High Dwelling, Business Area, High Population, Tourism, Agriculture, Livestock, Nature, Elderly, Trade, Healthcare, Valuable House

Basics

Ballina is a local community with population 7,875, and the population growth over the past decade is 4.88%. It has an average income $39,392.33 per annum. It has 91.6% of population who only speak English at home. Other top languages include Mandarin, Italian, Cantonese, German, Spanish. Unemployment rate in Ballina is 7.5% while people work as professionals is 17%. Ballina has 0 Coles stores and 1 Woolworth stores. Its population density is 230.46 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Ballina has Socio-Economic raw score 873.4 while the average score across Australia is 1000. Therefore, Ballina has disadvantage in terms of Socio-Economic measure. It obtains relative score 9 out of 100 across Australia, while relative score 8 out of 100 within NSW. Factors considered in this score include income, education level, unemployment, occupation, housing pressure and so on. This score is generated by Australia Bureau of Statistics (ABS).

Similar to Socio-Economic measure, GeoIndex computes smart livability index by considering additional factors, including rental rate against income, property price against income, safety, transport, access convenience, environment, population density and so on. Ballina has a livability index 89.9, which is lower than average 100 across Australia. It ranks 6,566th out of 8,530 suburbs across Australia. Therefore, it is a suburb less livable for local communities.

Real Estate Price Forecast and Investment Guide

Based on our more than ten millions of historical property transaction data, wide range of predictors and cutting-edge algorithm, we predict the house price would grow by 15% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Ballina has a higher than average growth expectation. It ranks 5,453th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Similar to house, unit/flat/apartment in Ballina is predicted to grow by 6.7% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Ballina has a higher than average growth. It ranks 2,725th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Education: Primary and Secondary School Index

As for education, Primary public school contribute to the attractiveness of Ballina, which obtains score of 98.2 out of 100 within NSW based on local primary school student exam performance. Similar to primary school, secondary public school contribute to the attractiveness of Ballina, which obtains score of 87.8 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Ballina has a better than average score, which is 65.2 out of 100. Similar to to primary school, secondary school has better than average score, which is 65.1 out of 100.

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Ballina, NSW smart rating was calculated by GeoIndex Australia.

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