09/09/2026
Nestled in the Snowy Mountains region and surrounded by forests, vineyards and farmlands, Tumbarumba offers a relaxed country lifestyle with stunning scenery, rich history and a strong sense of community.
Hereโs the latest snapshot:
๐ Median house price: $427,000; stable YoY
๐ฑ Median land price: $387,500; up 167.2% YoY in a small and tightly held market
๐ Sales volumes: House sales down 9.1% (20 sales), highlighting a resilient market
๐๏ธ New projects: ~$3.3B commencing between 2020-2026, led by the HumeLink Project, a major energy infrastructure development connecting Wagga Wagga, Bannaby and Maragle
๐ก Supply outlook: No new residential projects are planned between 2020-2026, creating the potential for ongoing housing undersupply and future price growth
๐ธ Rental performance: Houses yielding 4.5%, outperforming Snowy Valleys LGA (3.9%) and Sydney Metro (3.0%); median rent up 11.9% YoY to $450/week
๐ Rental volumes: House rentals down 35.7% (9 rentals), signalling an undersupplied rental market
๐ Vacancy rate: 1.1%, below Snowy Valleys LGA (1.8%) and Sydney Metro (1.6%), confirming strong rental demand and quick occupancy.
With limited housing supply, strong rental fundamentals and major infrastructure investment underway, Tumbarumba remains an attractive option for buyers and investors seeking an affordable regional market with long-term growth potential.
๐ Access to the full Tumbarumba Market Update: https://tinyurl.com/Tumbarumba-MU
PRD Real Estate Tumbarumba