Tumbarumba at a glance
1,967
People
$350,000
Median sale
$410/wk
Median rent
6.09%
Suburb gross yield
Median sale from 7 recorded sales (last 24 months) — a Districts calculation.
NSW › Tumbarumba › The Pde
$390,000
Last sold
23 Nov 2020
2
Bedrooms
2
Bathrooms
0
Car spaces
689 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$390,000
23 Nov 2020 · derived via latest_sale
Tumbarumba at a glance
1,967
People
$350,000
Median sale
$410/wk
Median rent
6.09%
Suburb gross yield
Median sale from 7 recorded sales (last 24 months) — a Districts calculation.
Vs Tumbarumba
+11.4%
Median sale
Suburb $350,000
-0.62 pp
Gross yield
Suburb 6.09%
Suburb median $350,000 from 7 recorded sales (last 24 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $410/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Tumbarumba at a glance
1,967
People
$350,000
Median sale
$410/wk
Median rent
6.09%
Suburb gross yield
Median sale from 7 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by PRD TumbarumbaThe carving in the brickwork says it all "1885"
One of Tumbarumba's oldest buildings is now up for grabs with some serious return potential!
This warehouse conversion pays respect to its heritage with unique charm and character.
I bet if the walls could talk there would be some unique stories to tell!
Known as Blencowe's back in the day where I used to buy my cobbers and milk bottles the building still retains thick double brick walls, original polished floor boards and soaring ceilings which define it.
The building consists of:
A double storey warehouse style residence with spacious downstairs living area, modern kitchen and an instantly inviting stair case which leads you to the upstairs bedroom, modern Bathroom and small balconette. Take me back a century already!
Currently tenanted at $260 per week. Access for this residence is via Union Lane.
A huge shopfront (currently trading as an antique store but will be sold with vacant possession). Wide frontage of the main street with a huge amount of commercial potential. Think restaurant's, tapas bars ... word has it there's even a downstairs cellar!
Potential rent of $250 per week.
Access for this shopfront is via the main street (The Parade)
The small shopfront is attached to the large shopfront and is accessed from main street (The Parade). Ideal for a coffee window or handy as an office for an adjoining business. Potential Rent of $90 per week.
The Middle Residence
kitchenette and small bathroom amenities, Loungeroom with wood heating. These facilities are basic and could use an update. This residence would be perfect for backpacker accommodation during picking season.(access from Union Lane) Rumour has it there's even an old well directly below this point!
There's so much potential with this big old bold building - it gives me the feel of something you would find in Beechworth! With tourism at it's peak in town - what will you make it?
Listing description written by Marney Pertzel, PRD Tumbarumba — reproduced as published, not verified by Districts.