117 Currawong Road, Tumut NSW 2720
117 Currawong Road, Tumut NSW 2720
Two-story renovated family home | 13.4 acres on town edge | development potential | rural space with town proximity
This property offers a rare combination of a modernised family house on a genuinely substantial 5.56-hectare parcel at Tumut’s edge. For buyers seeking both immediate comfortable living and future options, the two-story layout with four bedrooms and two bathrooms works well for a family, while the land size provides significant flexibility. The position on the town fringe gives rural outlooks without isolation, making it suited to families wanting space and investors eyeing subdivision potential. The renovation reduces immediate capital outlay, and the scale of land is uncommon in this price bracket.
The main risk is the mixed market signals,some listings show active sale while others suggest off-market status, which may indicate price sensitivity or seller hesitation. Buyers should verify current availability and any council constraints on subdivision before committing. The opportunity lies in the land’s development upside; even without splitting, the acreage offers lifestyle value that standard residential blocks cannot match. If subdivision is feasible, the house could be retained on a reduced lot with the remainder sold separately. Hold this property as a long-term family base with a watching brief on local planning changes.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 117 Currawong Road, 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.