Suburb Profile Report for Tuncurry NSW (2428)

Tuncurry House: Median price $470,000, Annual capital growth 3.40%, Number of sales 110, Weekly median advertised rent $400

Tuncurry Unit: Median price $315,000, Annual capital growth 2.63%, Number of sales 137, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2051th in the list of Australian suburbs ordered by increase in median house value over the last year, Tuncurry, 2428 is in the top half with a property value increase of 6.82% recorded in median house prices.

The five-year average increase in median property values for Tuncurry,2428 has given property investors a potential capital gain of 34.29% across each of those five years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Tuncurry, 2428. Typically our figures indicate that -3.99% is being offered, which puts this NSW suburb at 2970th most discounted overall in Australia.

Using the current median advertised rental of $400 and the average annual increase in value of a median property of 3.40%, investors should hope to achieve an overall return of 4.43%

With a capital gain of 10.53% for the last 12 months, Tuncurry, 2428 has performed for property investments than its average annual 2.63% property growth over the last 5 years.

While Tuncurry,2428 ranked number 267th in NSW for increase in median house value (annualised) increase, it is ranked 418th over the last 5 years.

Tuncurry2428 is located in NSW which offers an average discount of -4.13% to property investors. Tuncurry itself is showing figures that indicate -3.21% is the average achievable by property buyers investing in the suburb.

Often selling an investment property can take time, and in Tuncurry the average time real estate has been on the market is 85.17 days.

Tuncurry, 2428’s gross rental yield is 4.95%

Metrics i HOUSE UNIT
$470,000 $315,000
2.29% 1.61%
6.82% 10.53%
3.40% 2.63%
$400 $300
110 137
4.43% 4.95%
77.35 85.17

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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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