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Factsheet 1st Half 2017.png

March 6, 2018, 2:01 a.m.

Tumbarumba Property Factsheet 1st Half 2017

Tumbarumba is an investment hotbed as rental returns sit at 6.7% for houses. Number of houses being rented has continuously been in demand for the last 12 months. House sales have also been in demand which is great news for home occupiers and astute investors.

2nd Half 2017 Research Factsheet

March 6, 2018, 2:01 a.m.

Tumbarumba Research Factsheet 2nd Half 2017

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.

Factsheet 1st Half 2018.png

March 6, 2018, 2:01 a.m.

Tumbarumba Research Factsheet 1st Half 2018

The Tumbarumba property market recorded a median house price of $217,500 in Q4 2017, representing an annual growth of 3.6%. Meanwhile, the Snowy Valleys Council recorded a median house price of $250,000. Property prices in Tumbarumba sit just below the LGA, indicating that it offers a more affordable entry point into the market – yet with potential buyers being able to take advantage of positive capital growth.

Key Economic Indicators PRDnationwide Property Reports

Sept. 19, 2017, 12:27 a.m.

Q3 2017 Key Market Indicators

The results are in: Australia’s home loan affordability has improved by 4.4% over the past 12months, at 32.9 index points in March 2017. The Northern Territory leads the way with 10.2% improved affordability (47.4 index points), followed by Victoria at 6.6% (30.8 index points). The PRDnationwide Q3 2017 Key Economic Indicators provide consumers with a quick snapshot of the current state of affairs from an economic and property perspective. The PRDnationwide Key Economic Indicators cover both national and state level data.

AEPR 2017 - Research Hub

July 19, 2017, 11:42 p.m.

Australian Economic and Property Report 2017

PRDnationwide’s Australian Economic and Property Report 2017 is a comprehensive and important resource for those wanting to keep up to date on evolving key economic and property market trends.