Tumut Market Update 2 nd H a l f 2 0 2 5
FUTURE DEVELOPMENTS
OVERVIEW
In Q2 2025, Tumut* recorded a median house price of $517,500 and a median land price of $218,500. This represents an annual (Q2 2024 – Q2 2025) price growth of 12.5% for houses and 26.7% for land. Comparing Q2 2024 and Q2 2025, house sales decreased, by -20.5% (to 31 sales in Q2 2025); whereas land sales increased by 66.7% (to 5 sales in Q2 2025). Median price increases in the past 12 months emphasise Tumut* as a highly demanded housing market, with an undersupplied land market. Thus, now is an ideal time for owners to capitalise on their investments. With very little new housing stock planned in 2025; buyers must act fast.
CHANGE FROM LAST
YEAR
Tumut£ plans to see approximately $545.9M of new projects commencing construction between2023 and 2026. Mixed-Use
Residential
Projects $5.3M
$3.2M
HALF YEAR
HOUSE SALE S HOUSE ME DIAN PRICE
Infrastructure $537.4M
HOUSE RE NTAL PRICE
LAND SALE S
The Talbingo Battery Energy Storage System ($500M) is a key significant infrastructure development set to commence between 2023 and 2026. this project will stimulate the local economy through new job creation.
LAND ME DIAN PRICE
There are several infrastructure projects that will improve liveability (i.e roadworks, bridge, amenities, etc); which combined with more jobs can attract more people to live in Tumut.
$ MARKET CONDITIONS MEDIAN PRICE Q2 2025
$517K
$218K
MEDIAN PRICE Q2 2025
$450
SALES
AVERAGE DAYS ON MARKET Q2 2025
121
107
HOUSE
L A N D
RENTALS
$340
AVERAGE DAYS ON MARKET Q2 2025
18
13
HOUSE
U N I T
Two residential projects are planned between 2023 and 2026: •
Lot 9 Fitzroy Street (6 Dwellings)
•
140 Lambie Street (3 Units)
Whilst there is some new ready-to-go residential projects in the pipeline, the number of new units/dwellings is not enough to satisfy current demand. The reliance on available stock will remain, with an undersupply highly likely. This will put more pressure on prices, not just houses but all types.
6 3 Units/ Apartments
Dwellings