At number 1266th in the list of Australian suburbs ordered by increase in median house value over the last year, Cumbalum, 2478 is in the top 40% with a property value increase of 10.83% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Cumbalum,2478 has racked up an average of 10.83% over the period. This ranks it number 1394th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Cumbalum are currently offering property investors an average price cut of -6.98% below the asking price at the moment.
Often selling an investment property can take time, and in Cumbalum the average time real estate has been on the market is 114 days.
The NSW suburb of Cumbalum, 2478 is in the Ballina local government area.