Suburb Profile Report for Tuncurry NSW (2428)

Tuncurry House: Median price $422,500, Annual capital growth 2.17%, Number of sales 99, Weekly median advertised rent $370

Tuncurry Unit: Median price $280,000, Annual capital growth 1.12%, Number of sales 145, Weekly median advertised rent $273

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Tuncurry has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 3.05% to date .

Over the longer term, Tuncurry has seen property prices show investors a 14.19% return over the last 3 years. This is worse than over the last 12 months

Property investors looking for a bargain in Tuncurry should be aiming for at least -4.38% off the asking price, which is the average vendor discount being achieved at the moment.

On average over the past year, suburb has had 8.25 sales per month, which equates to 99 per year.

Situated 218.76km from the CBD, Tuncurry is one of Great Lakes localities in the postcode 2428.

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 -1.75%.

Taking the average capital gain, or increase in median house value, Tuncurry,2428 has racked up an average of -1.75% over the period. This ranks it number 957th in the whole country for real estate investors looking at median house price increases.

Our latest figures would indicate that property sellers in Tuncurry are currently offering property investors an average price cut of -3.99% below the asking price at the moment.

Renters in Suburb are facing rents around $3270 per annum or $272.5 every week.

HOUSE UNIT
$422,500 $280,000
-3.98% -1.75%
3.05% -1.75%
2.17% 1.12%
$370 $273
99 145
4.55% 5.06%
87 100.41

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 5800
Median household income ($/weekly) 623
Median age of persons 59
Median housing loan repayment ($/monthly) 1361
Average household size 1.9
  • Census Count Percent(%)
    5-14 years 474 8.2
    45-54 years 672 11.6
    55-64 years 886 15.3
    65-74 years 1065 18.4
    75-84 years 893 15.4
    Others 1810 31.2
    Age Group
    Census Count Percent(%)
    Registered Married 2162 47.9
    Not Married 1989 44.0
    Defacto Relationship 365 8.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 4913 90.6
    Greece 18 0.3
    Papua New Guinea 64 1.2
    United Kingdom 249 4.6
    Other 44 0.8
    Others 136 2.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 35 0.7
    Christianity 4501 84.5
    Islam 11 0.2
    Other Religious Groups 11 0.2
    No Religion 765 14.4
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 369 15.2
    $400-$599 588 24.2
    $600-$799 408 16.8
    $800-$999 297 12.2
    $1,000-$1,249 155 6.4
    Others 615 25.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3059 63.3
    Employed, worked full-time 784 16.2
    Employed, worked part-time 661 13.7
    Unemployed, looking for work 196 4.1
    Employed, away from work 130 2.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 222 14.1
    Technicians & trades workers 234 14.8
    Community & personal service workers 219 13.9
    Sales 216 13.7
    Labourers 231 14.7
    Others 454 28.8
    Occupation
    Census Count Percent(%)
    Pre-school 72 8.9
    Infants/Primary 296 36.8
    Secondary 261 32.4
    Technical or Further Educational Institution 120 14.9
    University or other Tertiary Institutions 42 5.2
    Others 14 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3119 58.8
    Semi-detached, row or terrace house, townhouse 1230 23.2
    Flat, unit or apartment 696 13.1
    Caravan, cabin, houseboat 221 4.2
    House or flat attached to a shop, office 34 0.6
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1344 51.9
    Rented 821 31.7
    Being purchased 398 15.4
    Other tenure type 26 1.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals