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Investment Property Cumbalum, NSW, 2478

Suburb Snapshot

Cumbalum is a suburb in the Ballina Region of New South Wales. Cumbalum has a population of 1,524 people and 15.46% of its occupants live in rental accommodation. The median listing price for houses is $1,085,500 and this has changed 10.76% over the past year and changed 1.97% over 2 years.

The median rent in Cumbalum for houses is $825 per week and the median rental yield is 3.95%. Stock on the market for houses/townhouses has changed -2.94% compared to last year and the average time to sell a house/townhouse is 153 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Cumbalum is NA per week, producing a rental yield of NA.

Supply & Demand in Cumbalum, Ballina

1.30%

Current vacancy rate


15

Rental stock available


1,524

Population


15.46%

Rental population


0.57%

Current vacancy rate


134

Rental stock available


41,792

Population


25.06%

Rental population


1.02%

Current vacancy rate


37,030

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Cumbalum, Ballina

  House Townhouses Units
Median listing price $1,085,500 NA NA
Median price change - last quarter 2.40% NA NA
Median price change - 1 year 10.76% NA NA
Median price change - 2 years 1.97% NA NA
  House Townhouses Units
Median weekly rent $825 $750 NA
Median yield % 3.95% NA NA
Median rent change - 1 year 10.00% 7.14% NA
  House Units
Previous month sales 7 2
Stock on market previous month 33 1
Stock variance vs. last year -2.94% 100.00%
Average days on market 153 NA

Cumbalum investment property listings

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