63 Murray St, Tumbarumba is a 8 bedroom, 4 bathroom House with 4 parking spaces and was built in 1980. The property has a land size of 1012m2 and floor size of 284m2. While the property is not currently for sale or for rent, it was last sold in March 2019.
Investment Opportunity in Prime Location - 4-Unit Complex
Perfectly positioned close to schools, medical facilities, and Main Street amenities, this solid double-brick 4-unit complex is a rare find. Each unit offers 2 bedrooms, 1 bathroom, a welcoming courtyard, and a dedicated carport, making it highly appealing to long-term tenants.
Currently returning $1,180 per week, this little gem presents an outstanding opportunity for investors. With three of the four units in largely original condition, there is significant scope to increase rental yield through minor renovations or modern updates.
Key Features
4 x 2-bedroom, 1-bathroom units
Private courtyards and undercover carports
Solid double-brick construction
Strong rental return: $1,180 per week
Value-add potential - 3 units primed for cosmetic upgrades
Excellent location close to:
Schools
Doctors and medical services
Main Street shops & cafs
Why You'll Love It
This well-maintained complex combines immediate income with future upside, offering both stability and growth potential. Whether you're expanding your portfolio or searching for a high-performing investment, opportunities like this are rarely offered.
The size of Tumbarumba is approximately 231.7 square kilometres. There are 6 parks, covering nearly 48.4% of the total area. The population of Tumbarumba in 2016 was 1862 people. By 2021 the population was 1915 showing a population growth of 2.8% in the area during that time. The predominant age group in Tumbarumba is 60-69 years. Households in Tumbarumba are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tumbarumba work in a labourer occupation.In 2021, 70.80% of the homes in Tumbarumba were owner-occupied compared with 68.70% in 2016.
Tumbarumba has 1,336 properties. Over the last 5 years, Houses in Tumbarumba have seen a 28.23% increase in median value, while Units have seen a 85.64% increase. As at 31 July 2026:
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