Cumbalum at a glance
2,843
People
$1,190,000
Median sale
$1,107/wk
Median rent
4.84%
Suburb gross yield
Median sale from 11 recorded sales (last 24 months) — a Districts calculation.
NSW › Cumbalum › Farrelly Ave
$980,000
Last sold
19 Dec 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
805.3 m²
Land
199 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$980,000
19 Dec 2023 · derived via latest_sale
Local land rate: recorded House sales in Cumbalum (last 5 years) with land size have a median of $1,564/m² of land (n=33). Districts calculation from recorded sales — not a valuation.
Cumbalum at a glance
2,843
People
$1,190,000
Median sale
$1,107/wk
Median rent
4.84%
Suburb gross yield
Median sale from 11 recorded sales (last 24 months) — a Districts calculation.
Vs Cumbalum
-17.6%
Median sale
Suburb $1,190,000
+1.03 pp
Gross yield
Suburb 4.84%
Suburb median $1,190,000 from 11 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Ballina Local Environmental Plan 2012
Zone
Medium Density Residential
R3
Jurisdiction
Ballina
Ballina, NSW
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
The official layer was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWZoned Medium Density Residential · R3 (Ballina Local Environmental Plan 2012). Official parcel area about 877 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. If the dual occupancy pathway survives a planner’s check, this lot can outperform a same-suburb house that is hold-as-is only. That is not a forecast. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $1,107/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
This looks more compelling as a land / capital-growth play than a pure yield play — if the dual occupancy pathway survives a planner’s check.
Detail
Zoned Medium Density Residential · R3 (Ballina Local Environmental Plan 2012). Official parcel area about 877 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Achieved rent for this address has not been inferred. Gross yield on advertising copy is not the deal.
Nearby DA pipeline is unknown, so neighbourhood change is not in this verdict.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Medium Density Residential · R3 (Ballina Local Environmental Plan 2012). Official parcel area about 877 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 877 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Cumbalum at a glance
2,843
People
$1,190,000
Median sale
$1,107/wk
Median rent
4.84%
Suburb gross yield
Median sale from 11 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by Fuller & Co PropertyPresenting to the market is this impeccable single-level four-bedroom home, featuring elegant interiors, a spacious floor plan, and an expansive landscaped yard. Crafted for family living, this residence offers ample space for children to play, conveniently located just a short stroll from the burgeoning Shopping Precinct currently under construction. The north-west facing rear yard and generous plot provide the potential to incorporate a pool or secondary dwelling (STCA).
Property Highlights:
- Spacious single-level layout
- Open-plan lounge and dining seamlessly extending to the outdoor living area
- Master bedroom with a sizable double-sink ensuite and walk-in robe
- Generously sized bedrooms with built-in robes
- Modern kitchen equipped with quality appliances, abundant bench space, and a walk-in pantry
- Set on a substantial 805 square meters of land, offering potential for a swimming pool or self-contained studio (STCA)
- Thoughtfully landscaped gardens
- Large double remote lock-up garage
- Ample space for your boat, trailer, or caravan
Situated just a 200-meter walk from the emerging shopping village and nearby sports fields, this residence ensures convenient access to amenities. A dedicated bike path facilitates easy commuting to Ballina CBD, while numerous children's playgrounds enrich the family-friendly neighborhood. This exceptional residence stands as a testament to thriving community living.
With Ballina Airport a mere 5 minutes away and the international Gold Coast Airport accessible within a 50-minute drive, the property combines convenience with tranquility. For further details or to schedule an inspection of this outstanding property.
The property is currently leased until February 2024 at $800 per week.
Contact Scot Fuller at 0401 911 557 and seize the opportunity to make this remarkable residence your own.
Listing description written by Scot Fuller, Fuller & Co Property — reproduced as published, not verified by Districts.
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