Tumorrama is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2720). With a population of 20, the suburb has an established demographic with a median age of 43. Households earn a median income of $117K per year, with an average household size of 2.7 people. The most common occupations are clerical & administrative, managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Tumorrama is $12 million, having dropped significantly 52.5% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 0.2%. The median monthly mortgage repayment is $1,287.
The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Tumorrama offers a gross rental yield of 0.2%, rated as low yield. Property prices are above the state median ($11.8M/$1.5M), placing it in the premium segment. The price-to-income ratio of 101.3x is considered stretched. House prices have moved -52.5% year-on-year.
Tumorrama is a quiet locality in New South Wales within the Snowy Valleys local government area (postcode 2720). With a population of 20, the suburb has an established demographic with a median age of 43. Households earn a median income of $117K per year, with an average household size of 2.7 people. The most common occupations are clerical & administrative, managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Tumorrama is $12 million, having dropped significantly 52.5% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 0.2%. The median monthly mortgage repayment is $1,287.
The crime rate in the Snowy Valleys LGA is below average at 3,277 incidents per 100,000 population.
From an investment perspective, Tumorrama offers a gross rental yield of 0.2%, rated as low yield. Property prices are above the state median ($11.8M/$1.5M), placing it in the premium segment. The price-to-income ratio of 101.3x is considered stretched. House prices have moved -52.5% year-on-year.