Tumbulgum

POSTAL CODE: NSW, 2490

HOUSE

TUMBULGUM, 2490 ranks 680th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 18.22% for property investors.

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $905,000.

The upward trend in home prices in TUMBULGUM, 2490 averaged 0% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in TUMBULGUM.

An average of 1.75 real estate transactions take place per month in TUMBULGUM which translates to 21 per annum.

21 properties were sold in TUMBULGUM in 2016, making it the 893rd most active market in NSW based on total real estate transactions.

TUMBULGUM, 2490 places th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$905,000	N/A
Growth Report
Median Quarterly	0%	N/A
Median 12 month	18.22%	N/A
Median 3 years	0%	N/A
Median 5 years	41.41%	N/A
10 years average annual	11.65%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	95.8 days	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 666

Weekly Household Income 1385

Household Size 2.50

Average Age 44

Monthly Loan Repayment 1733

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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