Over the last year, property investments in Tumut, 2720 have given investors a capital gain of 2.14%. This compares very badly with the 10.96% for NSW as a whole.
Tumut,2720 was ranked 2659 in Australia by increase in median property value over the quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Tumut, 2720. Typically our figures indicate that -6.81% is being offered, which puts this NSW suburb at 1080th most discounted overall in Australia.
The five-year average increase in median property values for Tumut,2720 has given property investors a potential capital gain of 18.67% across each of those five years.
Property buyers and investors in Tumut 2720 should be seeing an average reduction in asking price of around -7.58% . This means that Tumut is holding prices well when compared to other suburbs in NSW.
Renters in Suburb are facing rents around $2760 per annum or $230 every week.