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Property investors enjoyed capital gains of 23.21% over the last 12 months in TUGGERAH, translating to lower returns compared with its peers in NSW.
Figures from the previous quarter show that capital gains for real estate buyers in TUGGERAH are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $500 based on current median home prices for the suburb.
On average, rents on listings have reached the $500 mark, reflecting a 3.59% increase in returns based on the current median price in TUGGERAH.
TUGGERAH, 2259 ranks 841st in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 281st on the list of best yielding suburbs for rental properties in NSW, posting a 3.59% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||23.21%||24.86%|
|Median 3 years||N/A||N/A|
|Median 5 years||47.86%||N/A|
|10 years average annual||17.42%||24.86%|
|Weekly media advert. rent||$500||N/A|
|Time on Market||18.5 days||N/A|
|Gross Rental Yield Percent||3.59%||N/A|