Tumut NSW 2720

Here you can find what you need to know about Tumut, NSW, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$295k Median Sale Price (National Average $485k) 1236th In NSW
13.46% Median Price Change (1 yr) (National Average 4.30%) 97th In NSW
$300pw Median Rent (National Average $395) 1210th In NSW
5.3% Median Gross Yield (National Average 4.24%) 118th In NSW
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Properties sold 123
Average discounting -6.81%
Average Days on Market 115
Stock on Market 47 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Tumut, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Tumut, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Tumut, NSW National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Tumut


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State Auction Clearance Rates - September 2019

Auctions Clearance rate
NSW 566 71%
ACT 47 77%
NT 5 60%
QLD 195 39%
SA 65 55%
TAS 3 67%
VIC 758 74%
WA 11 45%

Local Schools


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Suburb Information

Tumut, NSW 2720

Part of: Snowy Valleys Council No data available

The size of Tumut is approximately 30.2 square kilometres. It has 13 parks covering nearly 2.2% of total area. The population of Tumut in 2011 was 6,239 people. By 2016 the population was 6,210 showing a population decline of 0.5% in the area during that time. The predominant age group in Tumut is 50-59 years. Households in Tumut are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tumut work in a trades occupation. In 2011, 64.5% of the homes in Tumut were owner-occupied compared with 66.3% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Tumut

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Tumut   for Houses in last 12 months


There have been 123 Houses sold in Tumut in the past 12 months with a median sale price of $295K, up 13.46% annually. It takes on average 115 days to sell with vendor discounting of -6.81%.

Streets in Tumut


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