The suburb’s capital gain of 6.49% for the past year is higher than average compared to its 28.53% growth within a five-year period.
Also in TUNCURRY, the median home price is sitting at $459,500, and the average rent at $400, this suggests property owners could potentially earn a 4.53% increase in gross rental yield.
Property investors have seen a 3.55% gain in TUNCURRY based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.15% growth over a ten-year period. It ranks 2573rd on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||6.49%||10.72%|
|Median 3 years||20.52%||33.47%|
|Median 5 years||28.53%||33.76%|
|10 years average annual||3.15%||3.05%|
|Weekly media advert. rent||$400||$300|
|Time on Market||87.5 days||94.5 days|
|Gross Rental Yield Percent||4.53%||4.95%|