Tumblong is a quiet locality in New South Wales within the Cootamundra-Gundagai Regional local government area (postcode 2729). With a population of 225, the suburb has an established demographic with a median age of 42. Households earn a median income of $79K per year, with an average household size of 2.6 people. The most common occupations are managers, labourers, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Tumblong is $590,000, having dropped significantly 48.8% over the past year. The current median weekly rent is $430. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,300.
Public transport access includes 16 bus stops.
From an investment perspective, Tumblong offers a gross rental yield of 3.8%, rated as moderate yield. Property prices sit below the state median ($590K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.4x is considered moderate. House prices have moved -48.8% year-on-year.
Tumblong is a quiet locality in New South Wales within the Cootamundra-Gundagai Regional local government area (postcode 2729). With a population of 225, the suburb has an established demographic with a median age of 42. Households earn a median income of $79K per year, with an average household size of 2.6 people. The most common occupations are managers, labourers, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Tumblong is $590,000, having dropped significantly 48.8% over the past year. The current median weekly rent is $430. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,300.
Public transport access includes 16 bus stops.
From an investment perspective, Tumblong offers a gross rental yield of 3.8%, rated as moderate yield. Property prices sit below the state median ($590K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.4x is considered moderate. House prices have moved -48.8% year-on-year.