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PRD Tumbarumba Market Update 1st Half 2026

Page 1

Tumbarumba Market Update 1 st H a l f 2 0 2 6

OVERVIEW

In Q4 2025, Tumbarumba* (which for this report captures sales and rental data in postcode 2653), recorded a median house price of $425,000 and a median vacant land price of $215,000. This is an annual (Q4 2024 – Q4 2025) price growth of 18.1% for houses, and a 33.3% increase in house sales (to 24 sales in Q4 2025). Vacant land prices have increased in Q4 2025, but with only 6 sales in the past 12 months (4 residential and 2 rural/ primary production land), it is a very small market. There is high demand for houses, an ideal time for owners to capitalise on their investments. Without any new ready-to-sell houses planned, buyers must act fast

CHANGE FROM LAST

YEAR

HALF YEAR

FUTURE DEVELOPMENTS Tumbarumba will see approximately $3.3B of new projects commence construction between 2020 and 2026.

Infrastructure $5.7M

HOUSE SALE S HOUSE ME DIAN PRICE

Commercial

HOUSE RE NTAL PRICE

$3.3B

LAND SALE S LAND ME DIAN PRICE The largest project to commence is the HumeLink ($3.3B). This significant project is constructed by Transgrid and will involve the construction of a 550kV 365 kilometres transmission line, connecting the towns of Wagga Wagga, Bannaby and Maragle. For Tumbarumba, this project will most likely impact Maragle (25mins away).

$ MARKET CONDITIONS MEDIAN PRICE Q4 2025

$425K

$215K

MEDIAN PRICE Q4 2025

$450

SALES

AVERAGE DAYS ON MARKET Q4 2025

100

294

HOUSE

L A N D

RENTALS

AVERAGE DAYS ON MARKET Q4 2025

36 HOUSE

This project will benefit regional NSW by creating 1,600 construction jobs and opportunities for a wide range of businesses. The HumeLink will further expand the Snowy Hydro Scheme and enable energy sharing in the Eastern States, benefitting residents. There are few infrastructure projects planned, focusing on improving bridges in the area. This will improve liveability for locals. Combined with commercial projects this can attract more people to live in Tumbarumba. There are no new residential projects set to commence construction in 2020-2026. Without any new standalone ready-to-sell stock planned, a house market undersupply is highly likely. This will push median house prices up even further.


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