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NSW › Mullumbimby › Coral Ave

30 Coral Ave, Mullumbimby NSW 2482

For saleHouse for Sale

$1,850,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

9,131 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,850,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,850,000(Listing record · 20 May 2026)
  • FactLand 9,131 m²; no building size recorded.(Property record)
  • CalculationAsk is 61% above the Mullumbimby median recorded sale ($1,147,500, n=48, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Mullumbimby's advertised median rent ($788/wk), implied gross yield would be 2.21% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,850,000

Asking · $203/m² of land

No recorded sale for this property.

Mullumbimby at a glance

4,838

People

$1,147,500

Median sale

$788/wk

Median rent

3.57%

Suburb gross yield

Median sale from 48 recorded sales (last 12 months) — a Districts calculation.

See the full Mullumbimby report →

Vs Mullumbimby

+61.2%

Median sale

Suburb $1,147,500

-1.36 pp

Gross yield

Suburb 3.57%

Suburb median $1,147,500 from 48 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,850,000
Stamp Duty (New South Wales)
$83,762
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,937,629

$87,629 on top of the price (4.7% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Mullumbimby's advertised median rent — not a rent for this listing.

Net yield
0.71%
Annual cashflow (pre-tax)
$-82,974
Interest cover (DSCR)
0.14
Annual rent
$40,976
Operating expenses
$27,750
Loan amount
$1,480,000
Annual interest
$96,200
Gross yield
2.21%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,850,000available20 May 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $788/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Mullumbimby in one glance

Mullumbimby at a glance

4,838

People

$1,147,500

Median sale

$788/wk

Median rent

3.57%

Suburb gross yield

Median sale from 48 recorded sales (last 12 months) — a Districts calculation.

See the full Mullumbimby report →

Keep researching

  • Why Mullumbimby? Read the area thesis →
  • What else is on the market in Mullumbimby →
  • Other records on Coral Ave →

Listing material

Listed by Chincogan Real Estate

Don't Stop Believing!

Positioned on an elevated and picturesque 2 Acre plus parcel with stunning direct river frontage and your own deep natural swimming hole, this is the kind of property often dreamt of but rarely find. Peaceful, private and incredibly usable, it offers the perfect blend of relaxed acreage living just minutes from town.

Wake to birds singing, wander down to the creek for a swim, keep animals or create your own hobby farm — all while still being able to walk or cycle into town for coffee, schools, shopping or the famous local farmers markets directly across the road.

The beautiful 3 bedroom, open plan residence is warm, inviting and full of character, featuring soaring ceilings, polished timber floors and an abundance of natural light throughout. Constructed with a thoughtful blend of timber, hemp and brick materials, the home has an earthy elegance that feels instantly calming and connected to its surrounds. At the heart of the home is a spacious copper-fronted concrete topped kitchen with gas cooking, flowing effortlessly into the light-filled living areas and out toward the natural beauty beyond.

Read the full description

Designed with wellness in mind, this thoughtfully crafted home embraces healthy living through the use of natural, breathable materials and mould-resistant construction methods. The bathroom features sleek microcement walls, eliminating grout lines where mould commonly forms, while the home’s carefully selected finishes create a cleaner, low toxicity environment that promotes comfort, durability, and peace of mind.

Adding even more versatility to this property is the original Dutch gable timber barn/studio, fully sound insulated and natural clay rendered inside and outside is lined in locally sourced Beachwood timber and already converted into an inspiring creative space. There is a loft and would be perfect for a home business, consultation rooms, yoga or pilates studio, artist retreat or guests. Has to be seen to be believed. Stunning.

Property features include:

Elevated 2 acre plus parcel with beautiful Brunswick River frontage

Stunning 2m deep swimming hole

Solid and immaculately maintained main home

High ceilings and polished timber floors

Unique and quality blend of timber, hemp, clay and brick construction

Spacious copper-fronted kitchen with concrete tops and gas cooking

Separate lined hardwood Studio/Barn with clay rendered walls and outside bathroom/ kitchenette

RU2 Rural zoning with town water!

Excellent usable land suitable for hobby farming

Infrastructure already in place for rural pursuits

Opposite showgrounds and iconic Mullum farmers markets. Grow and Sell!

Only minutes to the town centre by bike, walk or car

Properties offering this much in the way of lifestyle, usability and convenience are exceptionally hard to replace. A true “best of both worlds” opportunity at incredible value.

Listing description written by Danny Thompson, Chincogan Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Broadband
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Outdoor Entertaining
  • Shed
  • Solar Hot Water
  • Toilets: 2
  • Workshop
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.