If you compare the increase in value of investment property in Tumut, 2720 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 8.61%.
Across a shorter period, Tumut, 2720 has seen a median price increase of 2.51% over the last quarter.
Our latest figures would indicate that property sellers in Tumut are currently offering property investors an average price cut of -6.72% below the asking price at the moment.
Using the current median advertised rental of $270 and the average annual increase in value of a median property of 2.37%, investors should hope to achieve an overall return of 5.30%