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Tumbarumba
AREA REPORTS

Tumbarumba

Tumbarumba - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2653

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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 5.28% growth over a ten-year period. It ranks 1481st on our list of suburbs that property investors should look into.

TUMBARUMBA, 2653 in NSW belongs to the local government area of Snowy Valleys (A).

TUMBARUMBA, 2653 has a capital gain of 28.95% for the past year, which is higher than average compared to its 32.5% growth within a five-year period.

With the median home price in TUMBARUMBA sitting at $265,000, and the average rent at $300, property owners could potentially earn a 5.89% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in TUMBARUMBA are low, as opposed to average gains per annum over the past five years.

A 28.95% increase in median property prices in TUMBARUMBA, 2653 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 60th.

Data report can be found below

Tumbarumba
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $265,000 N/A
GROWTH REPORT
Median Quarterly 1.92% N/A
Median 12 month 28.95% N/A
Median 3 years 34.18% N/A
Median 5 years 32.5% N/A
10 years average annual 5.28% N/A
Weekly media advert. rent $300 N/A
Time on Market 126.0 days N/A
Gross Rental Yield Percent 5.89% N/A
demographics (median values)
Total Population
2184
Weekly Household Income
760.7
Household Size
2.40
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