Suburb Profile Report for Tumut NSW (2720)

Tumut House: Median price $260,000, Annual capital growth 1.07%, Number of sales 129, Weekly median advertised rent $283

Tumut Unit: Median price $179,000, Annual capital growth N/A, Number of sales 23, Weekly median advertised rent $230

  • 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 7.11% which means that Tumut, 2720 has done well for property investors by showing a capital gain of -3.70% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Tumut comes in at number 1278th in NSW.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.57% offered to property buyers. Sellers in Tumut itself are offering an average vendor discount of -5.96% to real estate investors.

Often selling an investment property can take time, and in Tumut the average time real estate has been on the market is 152.83 days.

Advertised rents are around the $282.5 mark per week – giving a return of 5.65% based on the median price in Suburb

While Tumut,2720 ranked number 69th in NSW for increase in median house value (annualised) increase, it is ranked 485th over the last 5 years.

On average over the past year, suburb has had 1.92 sales per month, which equates to 23 per year.

Metrics i HOUSE UNIT
$260,000 $179,000
-3.35% 5.29%
-3.70% N/A
1.07% N/A
$283 $230
129 23
5.65% 6.68%
152.83 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