SOLD
Sold on 16 Nov 2023 for $500,000

12 Diversity Avenue
Cumbalum NSW 2478

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 186m2
Land area: 521m2
Sold By
McGrath Ballina/Lennox Head/Alstonville (F)
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Property Details for 12 Diversity Ave, Cumbalum

12 Diversity Ave, Cumbalum is a 4 bedroom, 2 bathroom House and was built in 2024. The property has a land size of 521m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 4 bedroom House sold in Cumbalum in the last 12 months.

Building Type
House
Year Built
2024
Floor Size
186m2
Land Size
521m2
Local Government
Ballina
Lot/Plan
423/DP1278789

Last Listing description (December 2023)

This superb level parcel of land is nestled within the prestigious Banyan Hill Estate and represents a great chance to secure a vacant plot and design your future dream home. No need to wait for your land to be developed and registered, this 521sqm block is ready to go.

- Registered and ready for the new owners to start designing plans
- Owner concept plans available on request

- 16m frontage with 32m depth, total area 521sqm
- Coastal views, front and rear to Ballina and Lennox Head
- A rare registered lot, no delays in building your home
- Ideally positioned with easy access to quality schools and transport
- Great community that's just 15 minutes to Lennox Head and 10 to Ballina
- Close to parks, sports fields and cycleway into town
- Estate shopping centre now under construction
- A rare opportunity to build a new home to exacting standards

Property History for 12 Diversity Ave, Cumbalum, NSW 2478

A timeline of how this property has performed in the market
Last Sold
$500,000
16 Nov 2023
  • 16 Nov 2023
    Sold for $500,000
  • 04 Sep 2023
    Listed for Sale For Sale - Guide $480,000 - $520,000
  • 22 Nov 2019
    Sold for $337,000

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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 1,441 properties. Over the last 5 years, Houses in Cumbalum have seen a 45.13% increase in median value, while Units have seen a 42.46% increase. As at 31 October 2024:

  • The median value for Houses in Cumbalum is $1,133,600 while the median value for Units is $832,980.
  • Houses have a median rent of $780 while Units have a median rent of $720.
There are currently 25 properties listed for sale, and 4 properties listed for rent in Cumbalum on OnTheHouse. According to CoreLogic's data, 81 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.