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Tugun
AREA REPORTS

Tugun

Tugun - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4224

house
unit

Based on its average 5-year and quarterly capital gains TUGUN, 4224 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that TUGUN, 4224 obtained a 8.69% growth over a ten-year period. It ranks 513th on our list of suburbs that property investors should look into.

TUGUN, 4224 in QLD belongs to the local government area of Gold Coast (C).

TUGUN, 4224 has a capital gain of 28.99% for the past year, which is higher than average compared to its 64.98% growth within a five-year period.

With the median home price in TUGUN sitting at $961,000, and the average rent at $720, property owners could potentially earn a 3.9% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in TUGUN are low, as opposed to average gains per annum over the past five years.

Data report can be found below

Tugun
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $961,000 $682,500
GROWTH REPORT
Median Quarterly 7.71% 7.82%
Median 12 month 28.99% 31.25%
Median 3 years 49.57% 48.21%
Median 5 years 64.98% 62.5%
10 years average annual 8.69% 7.53%
Weekly media advert. rent $720 $537.5
Time on Market 20.6 days 19.7 days
Gross Rental Yield Percent 3.9% 4.1%
demographics (median values)*
Total Population
4818
Weekly Household Income
890.4
Household Size
2.30
Age
42
Monthly Loan Repayment
1380
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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