Tumbarumba has experienced an annual trend of positive capital growth for houses and a softening for vacant land. Median sale prices in the region have been at $230,000 for house and $28,250 for vacant land in Q2 2017. Similarly, house prices in the Snowy Valleys Council LGA recorded $235,000 and $83,500 for vacant land. Tumbarumba property prices sit below the LGA, indicating that Tumbarumba is a more affordable entry point into the market.
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