The suburb’s capital gain of 7.34% for the past year is higher than average compared to its 35.71% growth within a five-year period.
Also in TUNCURRY, the median home price is sitting at $475,000, and the average rent at $405, this suggests property owners could potentially earn a 4.43% increase in gross rental yield.
Property investors have seen a 3.37% 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 3.44% growth over a ten-year period. It ranks 2385th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||7.34%||10.62%|
|Median 3 years||25.99%||32.08%|
|Median 5 years||35.71%||26%|
|10 years average annual||3.44%||2.6%|
|Weekly media advert. rent||$405||$300|
|Time on Market||79.9 days||82.8 days|
|Gross Rental Yield Percent||4.43%||4.95%|