North Tumbulgum NSW 2490: Property Market Report & Real Estate Insights

Part of Tweed, NSW

North Tumbulgum Real Estate Market Outlook

Thinking about buying in North Tumbulgum? Now could not be a better time, with just 114 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,415,000 with prices in this suburb ranging from $782,000 to $3,639,000. North Tumbulgum is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Living in North Tumbulgum

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine North Tumbulgum due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in North Tumbulgum leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in North Tumbulgum the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Instant Property Valuation

North Tumbulgum, nestled within the scenic region of Tweed in New South Wales, offers a unique and serene lifestyle that attracts both families and individuals seeking a peaceful environment. The housing market in North Tumbulgum is characterized by its rural charm and relatively moderate pricing compared to the nearby bustling areas. This locality provides an array of property types, ranging from expansive single-family homes set on generous plots of land to charming cottages and modern residences. Residents appreciate the community’s quiet, countryside feel while still being within a reasonable distance from essential amenities and the stunning Tweed Coast.

Living in North Tumbulgum means embracing a tranquil lifestyle surrounded by the natural beauty of the Tweed Valley. The community enjoys a strong connection to nature, with the Tweed River offering recreational opportunities such as boating and fishing. The area's lush greenery and open spaces cater to outdoor enthusiasts and those looking for a relaxed living experience. The community atmosphere is tight-knit, and residents often partake in local events and markets. With its combination of natural beauty, affordability, and a welcoming community, North Tumbulgum stands as a desirable location for those looking to escape the hustle and bustle of city life while maintaining close proximity to conveniences and natural attractions.

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