Tumblong is a sparsely populated locality in New South Wales within the Cootamundra-Gundagai Regional local government area (postcode 2729). It is home to about 225 residents, with an established family demographic and a median age of 42. Households earn a median income of $79K per year, with an average household size of 2.6 people. 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 managers, labourers, clerical & administrative. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are Australian, English, Scottish.
Median house prices in Tumblong stand at $650,000, having fallen by 7.8% over the last twelve months. The current median weekly rent is $600. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $1,300.
Public transport access includes 16 bus stops.
Looking at the investment signals, Gross rental yield sits at around 4.8% (moderate yield). Property prices sit below the state median ($650K/$1.5M), which can point to relative value. The price-to-income ratio of 8.2x is considered moderate. House prices have moved -7.8% year-on-year.