Tuncurry

POSTAL CODE: NSW, 2428

HOUSE

UNIT

TUNCURRY ranks 193rd in NSW when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 5.41% for the past year is lower than average compared to its 60.06% growth within a five-year period.

Also in TUNCURRY, the median home price is sitting at $827,500, and the average rent at $625, this suggests property owners could potentially earn a 3.93% increase in gross rental yield.

Property investors have seen a 4.88% 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 7.84% growth over a ten-year period. It ranks 1323rd on our list of suburbs that property investors should look into.

A steady increase in median property prices over a five-year period in TUNCURRY, 2428 translates to a 2.91% capital gain.

TUNCURRY, 2428 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $565,000.

Augmented property values in TUNCURRY are trailing above the NSW average of 4.55% for the past year.

Real estate investors could earn a rental income of $440 based on current median home prices for the suburb.

Home owners selling their properties and realtors in TUNCURRY usually have to wait an average of 63.7 days days before their assets are lifted off the market.

TUNCURRY ranks 337th on the list of best yielding suburbs for rental properties in NSW, posting a 4.05% return.

TUNCURRY, 2428 places 302nd in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$827,500	$565,000
Growth Report
Median Quarterly	4.88%	1.07%
Median 12 month	5.41%	11.11%
Median 3 years	5.75%	2.91%
Median 5 years	60.06%	50.67%
10 years average annual	7.84%	7.84%
Weekly media advert. rent	$625	$440
Time on Market	65.7 days	63.7 days
Gross Rental Yield Percent	3.93%	4.05%

Demographics (Median Values)*

Total Population 24009

Weekly Household Income 832

Household Size 2.10

Average Age 56

Monthly Loan Repayment 1400

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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