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.
NSW › Mullumbimby › New City Rd
$890,000
Last sold
4 Apr 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
576 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
$890,000
4 Apr 2024 · derived via latest_sale
Local land rate: recorded House sales in Mullumbimby (last 5 years) with land size have a median of $1,545/m² of land (n=84). Districts calculation from recorded sales — not a valuation.
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.
Vs Mullumbimby
-22.4%
Median sale
Suburb $1,147,500
+1.03 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.
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 $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.
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
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.
Listing material
Listed by Chincogan Real EstateRecently refurbished with an open plan design and great north facing aspect over the lush country gardens, this three bedroom Mullumbimby Cottage is an ideal blend for those seeking a country feel and residential convenience. Situated in a family friendly, quiet location, just an easy stroll to all the wonderful amenities in and around Mullumbimby.
The heart of this home is an open-plan kitchen, dining, and lounge area which connect perfectly to the expansive covered outdoor entertainment deck with those gardens beckoning you to come enjoy and unwind at the end of the day. This space is perfect for al-fresco dining, hosting small gatherings, or simply enjoying the superb setting this home offers.
There are many character features on offer, including polished timber floors, high ceilings, unique timber picture rails and beautifully finished timber architraves. Ceiling fans, air-conditioning and wood fireplace ensure comfortable temperatures year-round, while the refurbished central bathroom and second toilet in the full laundry room adds to the functionality of the home.
The very handy separate enclosed studio building with covered patio and private yard space which has its own access off Ward Lane offers great versatility and with a few small adjustments would be ideal as a fully self contained abode. This space is currently used as a separate home office and would also make an ideal teenagers retreat, art studio, or guest accommodation.
Feature native trees, tropical plants, vegie gardens, fruit trees, plenty of off street parking and storage/work shed. 576m2 dual frontage block only a short level stroll to Mullum's main streets and short 10 min drive to the beach & river at Brunswick Heads. All-round package, great position and easy potential for additional income. Contact now for further details and to arrange a private viewing.
Listing description written by Chad Mangleson, Chincogan Real Estate — reproduced as published, not verified by Districts.