If you compare the increase in value of investment property in Tuncurry, 2428 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 6.49%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Tuncurry has increased when compared to the 5 year average annual rate.
The most recent median price for Tuncurry is $459500, with sellers offering an average of -4.21% off the asking price.
Residents and property investors in Tuncurry have been waiting around 87.51 days to sell a property.
Advertised rents are around the $400 mark per week – giving a return of 4.53% based on the median price in Suburb
Property value increases in Tuncurry have tracked just higher than the NSW average of 7.74% over the last 12 months.
The five-year average increase in median property values for Tuncurry,2428 has given property investors a potential capital gain of 33.76% across each of those five years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.16% offered to property buyers. Sellers in Tuncurry itself are offering an average vendor discount of -3.49% to real estate investors.
On average over the past year, suburb has had 12.42 sales per month, which equates to 149 per year.
Property investors should expect to get $300 weekly from the median priced house in this suburb.