FOR SALE
Guide $670,000 - $720,000

42 Presentation Crescent
Cumbalum NSW 2478

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 701m2
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Large vacant block with medium density zoning

Discover the potential of this level 701sqm vacant block located in the sought-after Ballina Heights Estate. Zoned medium density (R3), this property is ideal for either a duplex or a spacious family home. Don't let this exceptional opportunity pass you by – envision the possibilities and make your move today!
- Underground services, including NBN, will be seamlessly connected.
- Enjoy the convenience of being close to parks and playing fields.
- Boasting a large 22.6m street frontage, this property is perfect for a duplex or an expansive family residence.
- An inspiring opportunity to build a new home that reflects your personal preferences
- Within easy walking distance to sporting fields and future shopping centre.
- Situated just 10 minutes drive to Ballina CBD and the beautiful beaches of Ballina and Lennox Head.
- Seize the chance to build either your dream home or a lucrative investment property.

Property Details for 42 Presentation Cres, Cumbalum

Building Type
Land
Land Size
701m2

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About Cumbalum 2478

The size of Cumbalum is approximately 13.9 square kilometres. It has 2 parks covering nearly 2% of total area. The population of Cumbalum in 2011 was 1,219 people. By 2016 the population was 1,509 showing a population growth of 23.8% in the area during that time. The predominant age group in Cumbalum is 0-9 years. Households in Cumbalum are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cumbalum work in a professional occupation. In 2011, 83.9% of the homes in Cumbalum were owner-occupied compared with 82.2% in 2016.

Cumbalum has 1,428 properties. Over the last 5 years, Houses in Cumbalum have seen a 49.37% increase in median value, while Units have seen a 49.73% increase. As at 30 September 2024:

  • The median value for Houses in Cumbalum is $1,146,205 while the median value for Units is $847,434.
  • Houses have a median rent of $780 while Units have a median rent of $715.
There are currently 21 properties listed for sale, and 5 properties listed for rent in Cumbalum on OnTheHouse. According to CoreLogic's data, 77 properties were sold in the past 12 months in Cumbalum.

Suburb Insights for Cumbalum 2478

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Jamie Marshall
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Shawn Bishop
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McGrath Ballina
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.