24 Avenue Rd, Cumberland Park is a 2 bedroom, 1 bathroom Unit and was built in 1947. The property has a land size of 626m2 and floor size of 137m2.
This indeed is a rare offering in this inner-city suburb a total of some 1,388 square metres of land located just 4.8 kilometres from the CBD.
Zoned: Residential (Central Plaines) Policy Area 8 it is in an area assigned for redevelopment STCC.
The land is on 2 titles with an exceptionally wide frontage of 27.43 metres and is situated in a very attractive setting overlooking the Avenue Road Reserve.
The size of Cumberland Park is approximately 1 square kilometres. It has 1 park covering nearly 3% of total area. The population of Cumberland Park in 2011 was 2,484 people. By 2016 the population was 2,488 showing a population growth of 0.2% in the area during that time. The predominant age group in Cumberland Park is 40-49 years. Households in Cumberland Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cumberland Park work in a professional occupation. In 2011, 71.6% of the homes in Cumberland Park were owner-occupied compared with 71.4% in 2016.
Cumberland Park has 1,120 properties. Over the last 5 years, Houses in Cumberland Park have seen a 90.35% increase in median value, while Units have seen a 69.01% increase. As at 31 October 2024:
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