AREA REPORTS

Tingalpa

Suburb Profile

Tingalpa - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4173

house
unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also 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 $560,000.

The upward trend in home prices in TINGALPA, 4173 averaged 7.25% per annum over a 3-year period.

Average weekly rents on listings have reached the $450 mark, reflecting a 4.18% increase in returns based on the current median price in TINGALPA.

An average of 10.83 real estate transactions take place per month in TINGALPA which translates to 130 per annum.

130 properties were sold in TINGALPA in 2016, making it the 757th most active market in QLD based on total real estate transactions.

TINGALPA, 4173 places 264th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $560,000 $357,600
GROWTH REPORT
Median Quarterly 1.82% -0.8%
Median 12 month 7.69% -2.83%
Median 3 years 21.74% -2.03%
Median 5 years 31.3% 11.23%
10 years average annual 3.13% 0.59%
Weekly media advert. rent $450 $400
Time on Market 45.6 days 58.4 days
Gross Rental Yield Percent 4.18% 5.82%
demographics (median values)
Total Population
8173
Weekly Household Income
1131
Household Size
2.60
demographics
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