Thinking about buying in Cumberland Reach? Now could not be a better time, with just 132 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,009,000 with prices in this suburb ranging from $205,000 to $2,050,000. The aproximate distance to the coast is 28 Km.

Cumberland Reach Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Cumberland Reach is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Cumberland Reach leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Cumberland Reach the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Properties for sale Cumberland Reach

13 water ski pde, cumberland reach, nsw, 2756

4

2

1

$795,000

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Recently Sold Properties / House Prices

01-05-2024	$880,000	17 WATER SKI PDE
29-04-2024	$375,000	19 WATER SKI PDE
06-04-2022	$757,500	20 SKI LODGE RD
15-02-2022	$715,000	12 WATER SKI PDE
09-07-2021	$380,000	6 WATER SKI PDE
07-07-2021	$660,000	12 SKI LODGE RD
17-05-2021	$450,000	21 SKI LODGE RD
30-04-2021	$195,000	29 SKI LODGE RD
26-03-2021	$160,000	14 WATER SKI PDE
15-12-2020	$1,210,000	24 HOLMES DR
02-10-2020	$856,140	40 HOLMES DR
24-07-2020	$495,000	15 SKI LODGE RD
08-04-2020	$595,000	23 WATER SKI PDE
12-11-2019	$420,000	12 WATER SKI PDE
28-10-2019	$663,000	4 SKI LODGE RD
24-09-2018	$535,000	27 SKI LODGE RD
06-04-2018	$965,000	30 HOLMES DR
24-08-2017	$200,000	32 SKI LODGE RD
03-04-2017	$540,000	5 SKI LODGE RD
13-01-2017	$650,000	22 SKI LODGE RD
28-10-2016	$640,000	20 SKI LODGE RD
30-08-2016	$299,750	8 WATER SKI PDE
22-08-2016	$1,320,000	12 HOLMES DR
20-07-2016	$640,000	17 WATER SKI PDE
02-06-2016	$805,000	40 HOLMES DR
08-04-2016	$500,000	561 LAWS FARM RD
18-01-2016	$630,000	13 WATER SKI PDE
30-06-2015	$1,200,000	600 LAWS FARM RD
01-06-2015	$635,000	2 HOLMES DR
01-04-2015	$366,000	15 SKI LODGE RD
02-03-2015	$575,000	6 HOLMES DR
29-01-2015	$390,000	18 SKI LODGE RD
05-12-2014	$935,000	232 LAWS FARM RD
20-06-2014	$590,000	36 HOLMES DR
14-02-2014	$250,000	561 LAWS FARM RD
17-01-2014	$653,000	24 HOLMES DR
20-12-2013	$165,000	19 WATER SKI PDE
02-12-2013	$833,000	34 HOLMES DR
25-10-2012	$400,000	22 HOLMES DR
31-05-2012	$395,000	23 SKI LODGE RD
24-01-2012	$310,000	27 SKI LODGE RD
04-08-2010	$100,000	11 SKI LODGE RD
23-07-2010	$282,000	12 WATER SKI PDE
15-01-2010	$327,500	5 SKI LODGE RD
21-12-2009	$320,000	13 SKI LODGE RD
02-11-2009	$675,000	38 HOLMES DR
24-09-2009	$290,000	8 SKI LODGE RD
27-07-2009	$572,500	40 HOLMES DR
13-03-2009	$705,000	18 HOLMES DR
12-02-2009	$470,000	2 HOLMES DR

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Internet Speed

Download 25 Mbps / Upload 5 Mbps

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Nearby Suburbs

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Public Transport

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General Points of Interest

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