Based on its average 5-year and quarterly capital gains TUMBARUMBA, 2653 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that TUMBARUMBA, 2653 obtained a 1.22% growth over a ten-year period. It ranks 3588th on our list of suburbs that property investors should look into.
TUMBARUMBA, 2653 in NSW belongs to the local government area of Tumbarumba.
TUMBARUMBA, 2653 has a capital gain of 7.79% for the past year, which is higher than average compared to its 2.14% growth within a five-year period.
With the median home price in TUMBARUMBA sitting at $178,750, and the average rent at $225, property owners could potentially earn a 6.55% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in TUMBARUMBA are high, as opposed to average gains per annum over the past five years.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||7.79%||N/A|
|Median 3 years||8.99%||N/A|
|Median 5 years||2.14%||N/A|
|10 years average annual||1.22%||N/A|
|Weekly media advert. rent||$225||N/A|
|Time on Market||135.3 days||N/A|
|Gross Rental Yield Percent||6.55%||N/A|