Investment property in Tumbarumba has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -11.43%
Tumbarumba,2653 was ranked 4021 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Tumbarumba is offering property investors an average of -7.38. This rate of discount on properties puts Suburb at number 102th in terms of most discounted suburbs in NSW
Tumbarumba is 12th on a list of best yielding suburbs for rents in NSW with a 7.48% return