Suburb Profile Report for Cumbalum NSW (2478)

Cumbalum House: Median price $665,000, Annual capital growth 4.52%, Number of sales 34, Weekly median advertised rent $580

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

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.

Metrics i HOUSE UNIT
$665,000 N/A
4.56% N/A
10.83% N/A
4.52% N/A
$580 N/A
34 N/A
4.54% N/A
114 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 1219
Median household income ($/weekly) 1390
Median age of persons 37
Median housing loan repayment ($/monthly) 2167
Average household size 3
  • Census Count Percent(%)
    5-14 years 197 16.1
    25-34 years 124 10.2
    35-44 years 179 14.7
    45-54 years 193 15.8
    55-64 years 156 12.8
    Others 371 30.4
    Age Group
    Census Count Percent(%)
    Registered Married 532 62.6
    Not Married 246 28.9
    Defacto Relationship 72 8.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1038 88.8
    Japan 6 0.5
    Papua New Guinea 10 0.9
    United Kingdom 54 4.6
    Other 18 1.5
    Others 43 3.7
    Country of Birth
    Census Count Percent(%)
    Christianity 892 77.9
    No Religion 240 21.0
    Buddhism 10 0.9
    Judaism 3 0.3
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 44 12.9
    $1,000-$1,249 28 8.2
    $1,250-$1,499 38 11.1
    $1,500-$1,999 51 14.9
    $2,000-$2,499 46 13.5
    Others 135 39.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 337 37.0
    Not in the labour force 286 31.4
    Employed, worked part-time 222 24.4
    Employed, away from work 33 3.6
    Unemployed, looking for work 32 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 79 13.3
    Professionals 117 19.7
    Technicians & trades workers 98 16.5
    Clerical & administrative workers 86 14.5
    Sales 72 12.1
    Others 143 24.0
    Occupation
    Census Count Percent(%)
    Pre-school 33 10.0
    Infants/Primary 131 39.8
    Secondary 108 32.8
    Technical or Further Educational Institution 24 7.3
    University or other Tertiary Institutions 30 9.1
    Others 3 0.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1145 99.0
    Semi-detached, row or terrace house, townhouse 8 0.7
    Caravan, cabin, houseboat 3 0.3
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 199 50.5
    Fully owned 134 34.0
    Rented 58 14.7
    Other tenure type 3 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals