In Q4 2018, Tumbarumba recorded a median house price of $175,000. This represents an annual (Q4 2017 – Q4 2018) price change of -21.0%. The 2nd Half 2018 Tumbarumba Property Factsheet reported annual (Q2 2017 – Q2 2018) price growth of -10.1% for houses, meaning the past 6 months has resulted in more affordability within the Tumbarumba house market. It is important to note that in regional areas fluctuations in median house price are expected due to low sale volumes, as well as often large variations in the scale of rural land affecting land sale prices also.
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