63 Murray Street
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About this property
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 & cafés 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.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 8
- Bathrooms
- 4
- Parking
- 4
- Land Area
- 1012 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Tumbarumba
This 8-bedroom house in Tumbarumba, NSW 2653 sits within reach of public transport, local shops and nearby schools. It is listed 128% above the $390,000 median of 44 comparable houseswithin 5 km.
Schools near Tumbarumba
- All Saints Primary Schoolprimary · K-6 · CoEd
- Tumbarumba Public Schoolprimary · K-6 · CoEd
- Tumbarumba High Schoolsecondary · 7-12 · CoEd
What's nearby
- Tumbarumba Coach Stop, Union Lane (bus) — 157 m away
- Unnamed — 152 m away
- Memorial Park — 145 m away
- Rotary Park — 320 m away
- Unnamed — 378 m away
Tumbarumba at a glance
Full suburb profile- Population
- 1,915
- Median age
- 47
- Household income
- $1,252/wk
- Median rent
- $220/wk
- Median mortgage
- $1,165/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Tumbarumba price trend
Median sold · House 3 bed
Compound growth +7.8% / yr over 4 yrs
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Price history
Listing price changes
1 price change recorded for this property
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