If you compare the increase in value of investment property in Tumbarumba, 2653 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 12.56%.
Across a shorter period, Tumbarumba, 2653 has seen a median price increase of 11.18% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Tumbarumba is offering property investors an average of -5.24. This rate of discount on properties puts Suburb at number 43th in terms of most discounted suburbs in NSW
Tumbarumba is 38th on a list of best yielding suburbs for rents in NSW with a 6.33% return