OFF MARKET

5b Presentation Cres
Cumbalum NSW 2478

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 471m2
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Last updated 16 Dec 2024
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Property Details for 5b Presentation Cres, Cumbalum

5b Presentation Cres, Cumbalum is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 471m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Land Size
471m2
Local Government
Ballina
Lot/Plan
2/SP104341

Last Listing description (April 2022)

What a great opportunity to purchase a brand new duplex off the plan. This stylish home is sure to impress and will suite first home buyers, the savvy investor, or anyone looking for a beautiful new single level home.

The home will come fully landscaped and offers an easy-care lifestyle plus with indoor and outdoor entertaining areas you'll be able to enjoy your new home year around.

Features Include

- 5kw Solar Panels
- Air-conditioning
- Upgraded kitchen and bathrooms with stone benchtops throughout
- 900mm stove with gas cooktop and electric oven, dishwasher also included
- High Ceilings

Being close to Ballina Byron Gateway Airport and the Pacific Highway make this location so convenient for travel, with Ballina, Lennox Head and Byron Bay also just a short drive away.

The property is currently under construction and is expected to be completed in August with Strata Registration Approximately November 2021

Property History for 5b Presentation Cres, Cumbalum, NSW 2478

A timeline of how this property has performed in the market
Last Sold
$715,000
17 Aug 2021
  • 12 Apr 2022
    Listed for Sale Sold
  • 17 Aug 2021
    Sold for $715,000

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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.