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 › The Ridgeway
$799,000
Last sold
13 Aug 2020
4
Bedrooms
2
Bathrooms
6
Car spaces
883 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
$799,000
13 Aug 2020 · 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=34). 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
-32.9%
Median sale
Suburb $1,190,000
+2.36 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 data is being calculated
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.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 One Agency BallinaSome homes just keep surprising you when walk through the front door and look around. This home is one of those, unassuming but contemporary from the front but will nicely surprise you once your inside. It is an entertainers dream to have so many living area's for guests to spread out and relax.
Set on a large, level 883 square metre block of land the home seems to take a lot of it up. It starts with a three car garage with internal workshop plus a three car carport. Enough space if the whole family has their own car.
Four good sized bedrooms plus study with very large master bedroom, ensuite and WIR. All the bedrooms have new wool carpet and plantation shutters. The house has ducted air-conditioning plus a split system in the master and family room.
The new kitchen has stone bench tops, soft close draws, double oven and large butlers pantry with sink. Enough to make any chef salivate.
The most outstanding feature of this property has to be the 89 square metre covered and screened Alfresco dining/entertaining area to accommodate the biggest group of family and friends. I have not seen one like this ever. WOW... this is sensational!!!
Call Vaino from Oneagency Ballina-Lennox Head on 0487026765 for more information.
4 bedrooms master with ensuite and WIR
2 bathrooms
Family room
Movie room
Projector/screen/surround sound
Open plan kitchen and dining
New kitchen with stone bench tops
Double ovens
Butlers pantry with sink
New wool carpet in bedrooms
Plantation shutters
Ducted air conditioning plus an extra 2 split cycle units
11kw solar electricity
Solar hot water
3 car lock up garage with remotes and internal workshop
3 car carport
Vacuum cleaning aide system
Fans in all rooms
Freshly painted home inside and outside
DA approval for new pool, fencing and external bath house
Property Code: 37
Listing description written by Vaino Lillioja, One Agency Ballina — reproduced as published, not verified by Districts.