OFF MARKET

5 Acreage Street
Cumbalum NSW 2478

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 187m2
Land area: 510m2
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Last updated 14 Oct 2024
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Property Details for 5 Acreage St, Cumbalum

5 Acreage St, Cumbalum is a 3 bedroom, 2 bathroom House and was built in 2023. The property has a land size of 510m2 and floor size of 187m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
2023
Floor Size
187m2
Land Size
510m2
Local Government
Ballina
Lot/Plan
342/DP1273203

Last Listing description (March 2022)

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 509.6sqm block is ready to go..

- Registered and ready for the new owners to start designing plans
- 14m frontage with 36m frontage, total area 509.6sqm

- Coastal views, front and rear with second storey build to Ballina and Lennox
- 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 Ballina
- Close to parks, sports fields and cycleway into town
- A rare opportunity to build a new home to exacting standards

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Property History for 5 Acreage St, Cumbalum, NSW 2478

A timeline of how this property has performed in the market
Last Sold
$650,000
22 Mar 2022
  • 22 Mar 2022
    Sold for $650,000
  • 01 Feb 2022
    Listed for Sale Guide $635,000 - $685,000
  • 05 Oct 2018
    Sold for $318,000

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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 1,429 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 4 properties listed for rent in Cumbalum on OnTheHouse. According to CoreLogic's data, 79 properties were sold in the past 12 months in Cumbalum.

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