Located in New South Wales within the Central Coast (NSW) local government area, Tumbi Umbi is a mid-sized suburb (postcode 2261). It is home to about 5,369 residents, with an older-leaning population and a median age of 45. Households earn a median income of $86K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Irish.
Median house prices in Tumbi Umbi stand at $1.1 million, having risen steeply by 15.6% over the last twelve months. Units have a median price of $630,000 (+16.7% YoY). The current median weekly rent is $620. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,146.
Tumbi Umbi is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1014, which is around the national average of 1,000. Public transport access includes 4 tram stops, 43 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,557 incidents per 100,000 population.
From an investment perspective, Tumbi Umbi shows a gross rental yield of approximately 2.9%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 12.9x is considered stretched. House prices have moved +15.6% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.