In Q2 2019, Tumut recorded a median house price of $279,000, and a median vacant land price of $135,000. This represents annual (Q2 2018 – Q2 2019) median price growth of 8.3% for houses and 12.5% for vacant land. At the same time, total sales slowed for Q2 2019, by -16.3% for houses (to 67 sales) and by -45.5% for vacant land (to 12 sales). Increasing property values and less competition in Tumut creates an ideal environment for buyers to act.
Join Up or Sign In to access this article and many more.
