OFF MARKET

56 The Ridgeway
Cumbalum NSW 2478

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 964m2
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Property Details for 56 The Ridgeway, Cumbalum

56 The Ridgeway, Cumbalum is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 964m2. While the property is not currently for sale or for rent, it was last sold in September 2003.

Building Type
House
Land Size
964m2
Local Government
Ballina
Lot/Plan
51/DP1058129

Property History for 56 The Ridgeway, Cumbalum, NSW 2478

A timeline of how this property has performed in the market
Last Sold
$208,000
18 Sep 2003
  • 18 May 2024
    Sold
  • 18 Sep 2003
    Sold for $208,000
  • 28 Jun 2002
    Sold for $155,000

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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 1,446 properties. Over the last 5 years, Houses in Cumbalum have seen a 50.24% increase in median value, while Units have seen a 51.09% increase. As at 30 November 2024:

  • The median value for Houses in Cumbalum is $1,184,928 while the median value for Units is $886,074.
  • Houses have a median rent of $780 while Units have a median rent of $720.
There are currently 18 properties listed for sale, and 1 property 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.