SOLD
Sold on 15 Feb 2024 for $800,000

38A Presentation Crescent
Cumbalum NSW 2478

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 140m2
Land area: 350m2
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Property Details for Lot 1/38a Presentation Cres, Cumbalum

Lot 1/38a Presentation Cres, Cumbalum is a 4 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2023. The property has a land size of 350m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 4 bedroom Unit sold in Cumbalum in the last 12 months.

Building Type
Unit
Year Built
2023
Floor Size
140m2
Land Size
350m2
Local Government
Ballina
Lot/Plan
1/SP106669

Last Listing description (March 2024)

What a great opportunity to purchase your very own brand new property in the popular Ballina Heights Estate, this freestanding home has no body corporate fees and sits on 350m2 of land. All the hard work is done, simply move in and enjoy.

Features Include:
- High ceilings

- Air conditioning
- Stylish kitchen and bathrooms with stone benchtops
- 5kw solar panel system
- Over sized garage
- Fenced and Landscaped

The property is close to the local sports fields, future shops and only 10 minutes drive from Ballina and Lennox Heads shopping centres and beaches.

Property History for Lot 1/38a Presentation Cres, Cumbalum, NSW 2478

A timeline of how this property has performed in the market
Last Sold
$800,000
15 Feb 2024
  • 15 Feb 2024
    Sold for $800,000
  • 12 Jul 2023
    Listed for Sale $800,000 - $850,000

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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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LJ Hooker 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.