Suburb Profile Report for Cumbalum NSW (2478)

Cumbalum House: Median price $636,000, Annual capital growth 5.26%, Number of sales 36, Weekly median advertised rent $580

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

Source: CoreLogic

  • House Report

Cumbalum has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 5.12% to date .

While Cumbalum,2478 ranked number 369th in NSW for increase in median house value (annualised) increase, it is ranked 931th over the last 5 years.

Property investors looking for a bargain in Cumbalum should be aiming for at least -5.00% off the asking price, which is the average vendor discount being achieved at the moment.

Using the current median advertised rental of $580 and the average annual increase in value of a median property of 5.26%, investors should hope to achieve an overall return of 4.74%

Metrics i HOUSE UNIT
$636,000 N/A
4.26% N/A
5.12% N/A
5.26% N/A
$580 N/A
36 N/A
4.74% N/A
132.46 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Cumbalum NSW
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