FOR SALE

1/5 Farrelly Avenue
Cumbalum NSW 2478

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 328m2
Land area: 328m2
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Property Details for 1/5 Farrelly Ave, Cumbalum

1/5 Farrelly Ave, Cumbalum is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 328m2 and floor size of 328m2.This Property is currently listed for sale with LJ Hooker Ballina

Building Type
Unit
Floor Size
328m2
Land Size
328m2
Local Government
Ballina
Lot/Plan
1/SP99680

Last Listing description (September 2024)

Nestled in a sought-after, family-friendly estate, this property boasts an array of features designed for both style and functionality, all while being conveniently close to major amenities. Inside, you'll be greeted by a generous open-plan living and dining area that seamlessly extends to a north-facing outdoor entertaining space and a low-maintenance yard.

The modern kitchen is fitted with high-quality appliances and offers plenty of storage. The home is air-conditioned and includes three spacious bedrooms: a master suite with a built-in wardrobe and ensuite, and two additional bedrooms with built-in robes.

Perfectly positioned just a short drive from schools, beaches, and Ballina's CBD, this duplex is also just a short walk from parks, sporting fields and future shopping centre.

It's an ideal choice for those who value both convenience and a relaxed coastal lifestyle.

Property History for 1/5 Farrelly Ave, Cumbalum, NSW 2478

A timeline of how this property has performed in the market
Last Sold
$579,000
22 Nov 2019
Listed for Rent
$680/w
27 Feb 2023
  • 11 Sep 2024
    Listed for Sale Contact Agent
  • 07 Feb 2023
    Listed for Rent $680 / week
  • 03 Dec 2019
    Listed for Rent $560 / week
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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 1,421 properties. Over the last 5 years, Houses in Cumbalum have seen a 51.45% increase in median value, while Units have seen a 0.58% increase. As at 31 August 2024:

  • The median value for Houses in Cumbalum is $1,147,139 while the median value for Units is $881,863.
  • Houses have a median rent of $780 while Units have a median rent of $720.
There are currently 20 properties listed for sale, and 3 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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Disclaimer
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.