SOLD
RECENT ADVICE
Sold on 04 Sep 2024 for $670,000

6 Acreage Street
Cumbalum NSW 2478

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 680m2
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Property Details for 6 Acreage St, Cumbalum

Building Type
Land
Land Size
680m2
Local Government
Ballina
Lot/Plan
350/DP1273203

Last Listing description (September 2024)

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. With panoramic coastal and ocean views, no need to wait for your land to be developed and registered, this 680sqm block is ready to go.

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

- 24m frontage, total area 680sqm
- Coastal views, front and rear to Ballina and Lennox Head
- 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
- Ideal for dual occupancy, zoned medium density (R3)
- Owner concept plans available on
- A rare opportunity to build a new home to exacting standards

Property History for 6 Acreage St, Cumbalum, NSW 2478

A timeline of how this property has performed in the market
Last Sold
$670,000
04 Sep 2024
  • 04 Sep 2024
    Sold for $670,000
  • 14 Mar 2024
    Listed for Sale For Sale - Guide $650,000 - $700,000
  • 03 Apr 2019
    Sold for $375,000

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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 1,428 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 5 properties 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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Jamie Marshall
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Shawn Bishop
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McGrath Ballina
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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.