If you compare the increase in value of investment property in Tuncurry, 2428 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was 2.38%.
Taking the average capital gain, or increase in median house value, Tuncurry,2428 has racked up an average of 2.38% over the period. This ranks it number 2366th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Tuncurry is $430000, with sellers offering an average of -4.45% off the asking price.
Residents and property investors in Tuncurry have been waiting around 90.61 days to sell a property.
With the median price for a house in Tuncurry being $430000 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 4.72%
Property value increases in Tuncurry have tracked just higher than the NSW average of 5.88% over the last 12 months.
Across a shorter period, Tuncurry, 2428 has seen a median price increase of 6.38% over the last quarter.
Our latest figures would indicate that property sellers in Tuncurry are currently offering property investors an average price cut of -3.74% below the asking price at the moment.
In the last year 155 properties changed hands in Tuncurry, which puts it as the 91th most active market in NSW when comparing the number of sales per suburb.
Situated 213.03km from the CBD, Tuncurry is one of Great Lakes localities in the postcode 2428.