SOLD
Sold on 15 Nov 2023 for $875,000

27 Farrelly Avenue
Cumbalum NSW 2478

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 427m2
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Property Details for Lot 1/27 Farrelly Ave, Cumbalum

Lot 1/27 Farrelly Ave, Cumbalum is a bedroom, bathroom Unit. The property has a land size of 427m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other bedroom Unit sold in Cumbalum in the last 12 months.

Building Type
Unit
Land Size
427m2
Local Government
Ballina
Lot/Plan
1/SP107725

Property History for Lot 1/27 Farrelly Ave, Cumbalum, NSW 2478

A timeline of how this property has performed in the market
Last Sold
$875,000
15 Nov 2023
  • 15 Nov 2023
    Sold for $875,000

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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 1,421 properties. Over the last 5 years, Houses in Cumbalum have seen a 51.45% increase in median value, while Units have seen a 0.58% increase. As at 31 August 2024:

  • The median value for Houses in Cumbalum is $1,147,139 while the median value for Units is $881,863.
  • Houses have a median rent of $780 while Units have a median rent of $720.
There are currently 20 properties listed for sale, and 3 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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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.