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Tumbarumba vs Wallendbeen

Property investment comparison - Tumbarumba, NSW 2653 vs Wallendbeen, NSW 2590

Head-to-head across core investment metrics: Tumbarumba wins 2, Wallendbeen wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricTumbarumbaWallendbeen
Median house price$425K$415K
Median unit price-$315K
Gross rental yield (houses)5.87%5.32%
Gross rental yield (units)3.84%4.59%
1-year house growth+11.4%-
3-year house growth+10.8%-
Vacancy rate0.8%1.0%
Population1,915299

Tumbarumba vs Wallendbeen: what the numbers say

The median house price is $425K in Tumbarumba and $415K in Wallendbeen, so Wallendbeen is the cheaper entry point, with Tumbarumba houses about 2% dearer.

On cash flow, Tumbarumba leads: houses there return a gross rental yield of 5.87%, compared with 5.32% in Wallendbeen, a gap of 0.55 percentage points.

Rental vacancy is 0.8% in Tumbarumba and 1.0% in Wallendbeen, so landlords in Tumbarumba face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Tumbarumba is the bigger suburb, with a population of 1,915 against 299, roughly 6 times the size of Wallendbeen; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Tumbarumba for rental income, Wallendbeen for a lower purchase price, Tumbarumba for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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