Suburb Profile Report for Tumut NSW (2720)

Tumut House: Median price $260,000, Annual capital growth 0.98%, Number of sales 113, Weekly median advertised rent $280

Tumut Unit: Median price $187,500, Annual capital growth N/A, Number of sales 15, Weekly median advertised rent $220

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

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 11.53% which means that Tumut, 2720 has done well for property investors by showing a capital gain of 1.96% over the last year

Tumut,2720 was ranked 3672 in Australia by increase in median property value over the quarter.

Tumut, 2720 is offering NSW ‘s 178th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this NSW.

Tumut is 76th on a list of best yielding suburbs for rents in NSW with a 5.60% return

Across a shorter period, Tumut, 2720 has seen a median price increase of -14.77% over the last quarter.

Property buyers and investors in Tumut 2720 should be seeing an average reduction in asking price of around -8.18% . This means that Tumut is holding prices well when compared to other suburbs in NSW.

On average over the past year, suburb has had 1.25 sales per month, which equates to 15 per year.

Metrics i HOUSE UNIT
$260,000 $187,500
-3.70% -14.77%
1.96% N/A
0.98% N/A
$280 $220
113 15
5.60% 6.10%
135.74 174

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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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