SOLD
RECENT ADVICE
Sold on 06 Apr 2024 for $1,050,000

31 Wynyard Street
Tumut NSW 2720

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 661m2
Land area: 756.9m2
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Property Details for 31 Wynyard St, Tumut

Building Type
Commercial
Floor Size
661m2
Land Size
756.9m2
Local Government
Snowy Valleys
Lot/Plan
5/DP816771

Last Listing description (April 2024)

- Commercial building situated in the centre of Tumut's CBD.
- Located on a land size of approximately 756.9m2.
- Zoned B2 Local Centre.

- Five retail shops currently leasing four.
- Three bedroom unit situated upstairs (partially renovated).
- Potential income stream of approximately 154,914.44 per annum.
- Tenants pay outgoings.

Property History for 31 Wynyard St, Tumut, NSW 2720

A timeline of how this property has performed in the market
Last Sold
$1,050,000
06 Apr 2024
  • 08 Apr 2024
    Listed for Sale $1,350,000 + GST
  • 06 Apr 2024
    Sold for $1,050,000
  • 09 Aug 2017
    Listed for Rent $1,933 / month
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About Tumut 2720

The size of Tumut is approximately 30.2 square kilometres. It has 22 parks covering nearly 12.5% of total area. The population of Tumut in 2011 was 6,239 people. By 2016 the population was 6,210 showing a population decline of 0.5% in the area during that time. The predominant age group in Tumut is 50-59 years. Households in Tumut are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tumut work in a trades occupation. In 2011, 64.5% of the homes in Tumut were owner-occupied compared with 66.3% in 2016.

Tumut has 3,699 properties. Over the last 5 years, Houses in Tumut have seen a 77.45% increase in median value, while Units have seen a 55.00% increase. As at 31 July 2024:

  • The median value for Houses in Tumut is $426,464 while the median value for Units is $321,559.
  • Houses have a median rent of $420 while Units have a median rent of $280.
There are currently 80 properties listed for sale, and 21 properties listed for rent in Tumut on OnTheHouse. According to CoreLogic's data, 136 properties were sold in the past 12 months in Tumut.

Suburb Insights for Tumut 2720

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Contact agent
Ray Piper
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Jarrod Matchowitz
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Ray White Tumut
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.