7-9 Selwyn StreetTumbarumba NSW 2653
Property Details for 7-9 Selwyn St, Tumbarumba
7-9 Selwyn St, Tumbarumba is a 1 bedroom, 1 bathroom House with 3 parking spaces and was built in 1940. The property has a land size of 560m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in November 2018.
Last Listing description (December 2018)
In the heart of Tumbarumba's township is a prime investment opportunity - 2 x adjoining units!
Unit 7 is 2 bedroom and currently tenanted at $135 per week. The tenants lease expires on 04/07/18 with an option to extend. Unit 9 is 1 bedroom and is currently tenanted at $115 per week.
Combined that's an approximate whopping 9.35% gross rental yield!!!!
560sqm block with side lane access.
A quick 1/4 of a block walk and your right in the main street!
Extra:
Zoned B2 Local centre
Rates: $572 per quarter + water usage
Property History for 7-9 Selwyn St, Tumbarumba, NSW 2653
- 09 Nov 2018Sold for $104,000
- 18 Oct 2018Listed for Rent - Price not available
- 04 Sep 2018Listed for Rent - Price not available
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0About 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 1,325 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.
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