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Tannum Sands
AREA REPORTS

Tannum Sands

Tannum Sands - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4680

house
unit

Property investments in TANNUM SANDS fare well against the rest of the country last year, registering a median home price increase of 18.4%.

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

Based on its average 5-year and quarterly capital gains TANNUM SANDS, 4680 saw average growth in the long term.

Real estate investors could earn a rental income of $400 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 71.8 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $479,500.

TANNUM SANDS ranks 351st on the list of best yielding suburbs for rental properties in QLD, posting a 4.34% return.

Data report can be found below

Tannum Sands
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $479,500 $244,000
GROWTH REPORT
Median Quarterly 5.85% 13.49%
Median 12 month 18.4% N/A
Median 3 years 35.07% N/A
Median 5 years 27.87% N/A
10 years average annual -0.31% N/A
Weekly media advert. rent $400 $260
Time on Market 71.8 days 86.7 days
Gross Rental Yield Percent 4.34% 5.54%
demographics (median values)*
Total Population
4932
Weekly Household Income
1476
Household Size
2.90
Age
34
Monthly Loan Repayment
1473
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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