Suburb Profile Report for Tumut NSW (2720)

Tumut House: Median price $265,000, Annual capital growth 2.37%, Number of sales 106, Weekly median advertised rent $270

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

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%

Metrics i HOUSE UNIT
$265,000 N/A
2.51% N/A
8.61% N/A
2.37% N/A
$270 N/A
106 N/A
5.30% N/A
134.78 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 6239
Median household income ($/weekly) 918
Median age of persons 39
Median housing loan repayment ($/monthly) 1408
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 824 13.2
    25-34 years 730 11.7
    35-44 years 773 12.4
    45-54 years 822 13.2
    55-64 years 753 12.1
    Others 2337 37.5
    Age Group
    Census Count Percent(%)
    Registered Married 2043 46.8
    Not Married 1735 39.7
    Defacto Relationship 588 13.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 5367 91.2
    Papua New Guinea 84 1.4
    South Africa 88 1.5
    United Kingdom 116 2.0
    Other 67 1.1
    Others 164 2.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 18 0.3
    Christianity 5040 87.2
    Hinduism 22 0.4
    Islam 8 0.1
    No Religion 685 11.8
    Others 9 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 239 11.1
    $400-$599 284 13.2
    $600-$799 253 11.8
    $800-$999 202 9.4
    $1,500-$1,999 258 12.0
    Others 910 42.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1857 39.4
    Employed, worked full-time 1683 35.7
    Employed, worked part-time 835 17.7
    Unemployed, looking for work 174 3.7
    Employed, away from work 159 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 366 13.6
    Technicians & trades workers 474 17.7
    Community & personal service workers 276 10.3
    Machinery operators & drivers 311 11.6
    Labourers 431 16.1
    Others 824 30.7
    Occupation
    Census Count Percent(%)
    Pre-school 118 9.1
    Infants/Primary 500 38.5
    Secondary 399 30.7
    Technical or Further Educational Institution 198 15.3
    University or other Tertiary Institutions 66 5.1
    Others 17 1.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5283 92.6
    Flat, unit or apartment 311 5.5
    Semi-detached, row or terrace house, townhouse 93 1.6
    Caravan, cabin, houseboat 14 0.2
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 832 36.1
    Rented 752 32.6
    Being purchased 702 30.5
    Other tenure type 18 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals