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PRD  →  Research Hub  →  Tumbarumba PRD Market Update 2nd Half of 2019

Tumbarumba PRD Market Update 2nd Half of 2019

In H1 2019, Tumbarumba recorded a median house price of $181,000, and a median vacant land price of $58,515. This represents annual (H1 2018 – H1 2019) median price softening of -5.7% for houses and growth of 28.9% for land. Total sales slowed annually, by -26.2% for houses to 31 sales and by -4.3% for land to 22 sales in H1 2019. Limited land sales make this data more volatile, however it is a highly affordable option for home and land buyers alike.

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