OFF MARKET

2/75 The Ridgeway
Cumbalum NSW 2478

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 562m2
Land area: 923m2
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Property Details for 2/75 The Ridgeway, Cumbalum

2/75 The Ridgeway, Cumbalum is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2008. The property has a land size of 923m2 and floor size of 562m2.

Building Type
Unit
Year Built
2008
Floor Size
562m2
Land Size
923m2
Local Government
Ballina
Lot/Plan
2/SP80815

Last Listing description (January 2023)

Executive three-bedroom unfurnished home. Modern kitchen with dishwasher and breakfast bar. Separate lounge and dining area, which leads out to the covered timber entertaining deck. Nestled in the highly sought-after 'Ballina Heights Estate', Minutes from Ballina.

- Polished stairs & easy care floors in lounge and dining
- Three of the bedrooms have built-ins, the main with ensuite

- Full main bathroom with separate toilet, 3rd powder room upstairs
- Modern kitchen with dishwasher and stainless steel appliances
- Internal laundry
- Grassed rear yard
- Double remote garage with internal access
- Sorry, no pets are permitted
- Available 10 January 2023 for a 12-month lease
- Please register your attendance at the scheduled inspections
- Applications welcomed prior:https://app.snug.com/apply/mcgrathballinaalh

Property History for 2/75 The Ridgeway, Cumbalum, NSW 2478

A timeline of how this property has performed in the market
Listed for Rent
$700/w
12 Jan 2023
  • 08 Dec 2022
    Listed for Rent $700 / week
  • 11 Oct 2021
    Listed for Rent $580 / week
  • 23 Mar 2021
    Listed for Rent $580 / 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 1,441 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.