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Sold on 23 Sep 2024 - Price Unavailable

9 Reservoir Lane
Tumbarumba NSW 2653

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 1050m2
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Property Details for 9 Reservoir Lane, Tumbarumba

9 Reservoir Lane, Tumbarumba is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1050m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom House sold in Tumbarumba in the last 12 months.

Building Type
House
Land Size
1050m2
Local Government
Snowy Valleys
Lot/Plan
A/DP345840

Last Listing description (September 2024)

Nestled amidst acres farmland, this quaint 2-bedroom cottage offers the serene lifestyle of rural living while being just minutes away from Tumbarumba's main street. Contact agent for income details, the current lease expiring in September 2025, this property has been home to excellent tenants for the past 6 years, providing a reassuring and reliable income stream for any investor.

Key Features:

• Prime Location: Enjoy the tranquillity of rural living with the convenience of nearby town amenities.

• Steady Income: Long-term tenants in place, offering consistent rental returns.

• Beautifully Maintained: Regular maintenance over the past 6 years, including a recently installed slow combustion fire.

• Open-Plan Living: Spacious living, dining, and kitchen areas perfect for cosy country living.

• Outdoor Appeal: Raised garden beds, established trees, and breathtaking views of Mt. Tumbarumba

This property is a fantastic investment opportunity with a great return. The combination of reliable tenants and the ongoing demand for rental properties in the Tumbarumba area makes this an ideal addition to any portfolio.

Don't miss out on this opportunity to own a piece of Tumbarumba's charm! Contact us today to arrange a viewing and see why 9 Reservoir Lane is the perfect investment for you.

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Property History for 9 Reservoir Lane, Tumbarumba, NSW 2653

A timeline of how this property has performed in the market
Last Sold
23 Sep 2024
Listed for Rent
$160/w
25 Mar 2015
  • 17 Sep 2024
    Sold for $318,000
  • 19 Aug 2024
    Listed for Sale $320,000
  • 09 Sep 2015
    Sold for $125,000
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About Tumbarumba 2653

The size of Tumbarumba is approximately 231.7 square kilometres. It has 6 parks covering nearly 48.4% of total area. The population of Tumbarumba in 2011 was 1,756 people. By 2016 the population was 1,844 showing a population growth of 5.0% in the area during that time. The predominant age group in Tumbarumba is 50-59 years. Households in Tumbarumba are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tumbarumba work in a labourer occupation. In 2011, 66.8% of the homes in Tumbarumba were owner-occupied compared with 68.7% in 2016.

Tumbarumba has 1,323 properties. Over the last 5 years, Houses in Tumbarumba have seen a 65.31% increase in median value, while Units have seen a 48.75% increase. As at 31 October 2024:

  • The median value for Houses in Tumbarumba is $309,126 while the median value for Units is $339,953.
  • Houses have a median rent of $390 while Units have a median rent of $175.
There are currently 47 properties listed for sale, and 9 properties listed for rent in Tumbarumba on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in Tumbarumba.

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Contact agent
Mellisa Meli
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Call agent
Ray White Rural Tumbarumba
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