19 Tumut Street, Tumut NSW 2720
19 Tumut Street, Tumut NSW 2720
Large block for cottage | below-median entry point | quiet owner-occupied street | rare land content at this price
A three-bedroom cottage on a 935mยฒ block is presented at a price point well below the suburbโs median for three-bedroom houses, which provides immediate competitive advantage for a buyer seeking land content in a quiet, predominantly owner-occupied pocket. The configuration – a modest home on a generous parcel – is increasingly uncommon in regional NSW markets, and this positioning serves both first-home buyers wanting room to grow and investors valuing long-term land leverage. The consistent listing signals an efficient sale process, but the data should be treated as a targeted opportunity rather than a distressed one.
The accepted variability in land size across sources (935โ938mยฒ) introduces no material risk for a standard purchase, though it warrants a survey confirmation if subdivision or rear-access potential is being considered. The last recorded sale in 2007 and an estimated value around $457,000 suggest the current list price sits with a margin for negotiation, but the marketโs typical days on hand (over 100) imply that patient buyers may secure better terms. The quiet street profile and cottage character limit immediate capital-growth spikes, but the blockโs size remains the primary, uncaptured upside for a buyer who can wait out the current cycle.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 19 Tumut Street, Tumut NSW 2720
Market Insight:
Tumut presents as an accessible regional market with high demand for houses, driven by families and lifestyle seekers. Recent price growth has been exceptionally strong, supported by a constrained supply pipeline and an undersupplied rental market. While this dynamic offers investor appeal, the market is currently assessed as overvalued, presenting a key risk alongside the limited new land supply.