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Cumbalum, NSW 2478

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Cumbalum, NSW 2478 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Cumbalum, NSW 2478”

  1. The total adult population (15 years or older) of Cumbalum 2478 NSW is 1,702, with a median age of 37. Of those, 54.17% are married, 10.87% are divorced or separated, 31.73% are single and 3.11% are widowed.

    The average household size is 3.0 people per dwelling, and the median household monthly income is estimated to be $8,924. The median monthly mortgage repayment for households in this suburb is $2,167 which is 24.28% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Cumbalum, 2478 is nestled in the majestic state of NSW, Australia, plotted with an estimated count of 1151 households.

    As per Q3 2023 statistics, the average housing price in Cumbalum ticks at $1,123,134. These houses fetch a median weekly rental rate of $790, translating into an indicative yield of 3.66%, which aligns favourably with the minimum attractive market requirement of yields above 3% for income-centered property investors.

    Delving deeper into the socio-economic fabric, Cumbalum exhibits an IRSAD score of 1046 out of a possible 1217. This high score indicates a well-off socio-economic status inhabited by the population, which is a positive sign for potential investors. Moreover, the renter to owner ratio in Cumbalum stands at a desirable 18%, implying more homeowners and less market saturation by rentals, further enhancing the ‘ vibe’ of the neighbourhood.

    The suburb shows an impressive units to houses ratio of 1%, well below the preferable threshold of 50%, meaning there’s less competition among landlords for tenants, and it prompts longer tenancy periods – an advantageous playing field for investors. However, the affordability index for houses in Cumbalum measures at 49 years, considerably above the favourable range of 30 years, indicating difficulties potential homeowners face to fully own a property.

    With a stock on market percentage for houses at 0.7%, Cumbalum falls within the neutral range of 0.4% to 1.3%, indicating a balanced market in terms of supply. The inventory level rests at 3.56 months, swimming within the neutral zone as well, indicating a healthy absorption capacity of the property market for new listings.

    Building approvals ratio for houses pervades at a minimal 0.17%, suggesting limited addition of new residential stock in the market – an appealing condition for buyers and investors. However, the suburb’s average number of days on market for houses rests at a slightly high 125 days, signalling a relatively low demand.

    Vacancy rates, combining both houses and units, float around 3.92%, indicating a slight dip towards low demand. Finally, the buy search index for houses strikes at a state average of 5, suggesting balanced demand.

    Overall, despite some metrics lingering in unfavourable ranges, the majority lean towards being favourable. Such a combination of factors, supported by a high socio-economic status (reflected in the IRSAD score) and low rental saturation (evident in low renter to owner and unit-house ratios), makes Cumbalum an appealing option for potential property investors and buyers.

    Moreover, tools like RCS (Relative Composite Score) by HtAG Analytics can be utilised to automate this rigorous research using more than 80 metrics. As always, monitoring market trends with an astute eye always aids in making helpful financial and investment decisions.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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