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Tingalpa
AREA REPORTS

Tingalpa

Tingalpa - 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 $640,000.

The upward trend in home prices in TINGALPA, 4173 averaged 4.76% per annum over a 3-year period.

Average weekly rents on listings have reached the $490 mark, reflecting a 3.98% increase in returns based on the current median price in TINGALPA.

An average of 11.58 real estate transactions take place per month in TINGALPA which translates to 139 per annum.

139 properties were sold in TINGALPA in 2016, making it the 861st most active market in QLD based on total real estate transactions.

TINGALPA, 4173 places 478th in Australia based on median property value growth during the quarter.

Data report can be found below

Tingalpa
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $640,000 $400,000
GROWTH REPORT
Median Quarterly 4.15% 3.36%
Median 12 month 12.28% 12.68%
Median 3 years 14.29% 11.11%
Median 5 years 29.03% 9.59%
10 years average annual 4.34% 1.54%
Weekly media advert. rent $490 $380
Time on Market 27.7 days 22.0 days
Gross Rental Yield Percent 3.98% 4.94%
demographics (median values)*
Total Population
8173
Weekly Household Income
1131
Household Size
2.60
Age
34
Monthly Loan Repayment
1300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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