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
$850,000
Last sold
29 July 2020
4
Bedrooms
3
Bathrooms
2
Car spaces
986 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
$850,000
29 July 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
-28.6%
Median sale
Suburb $1,190,000
+1.93 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 BallinaWOW! This lovely 2 story, rendered brick family home is something else if you are in the market for a large contemporary family home with a large pool, Nth East ocean views to Lennox Head, big grassed backyard and 4 bedrooms plus massive downstairs pool/family room. This home is light and warm with a large upstairs deck bathed in morning sunshine for having coffee and breakfast.
Upstairs is open plan kitchen/dining/lounge with sliding doors out to the deck with ocean views. The master bedroom has sliding doors out to the deck so no need to go downstairs unless your in foe a cooling dip in the pool. Two other bedrooms upstairs have their own bathroom with the downstairs bedroom (which could be split into two) has a bathroom and toilet.
LOADS OF FURNITURE FOR FREE IN THE PRICE
Priced to sell this property is landscaped with a great under house workshop plus tool shed and pool cabana. Call Vaino today on 0487026765 for an inspection
4 bedrooms with possible 5th or study
Master has large ensuite, spa and WIR
3 bathrooms
2 family rooms(1 upstairs and 1 downstairs)
Covered upstairs, outdoor entertaining deck area
DLUG with remote
Air Conditioning
Brand new dishwasher
Internal vacuum cleaner system
Fans in all rooms
Carpet in bedrooms
Tiles in the kitchen and dining area
Fully fenced
Garden shed
Workshop
Solar electricity
Land 986m2
Rates $2,477
Property Code: 36
Listing description written by Vaino Lillioja, One Agency Ballina — reproduced as published, not verified by Districts.