Suburb Profile Report for Tuncurry NSW (2428)

Tuncurry House: Median price $459,500, Annual capital growth 3.15%, Number of sales 116, Weekly median advertised rent $400

Tuncurry Unit: Median price $315,000, Annual capital growth 3.05%, Number of sales 149, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$459,500 $315,000
3.55% 1.45%
6.49% 10.72%
3.15% 3.05%
$400 $300
116 149
4.53% 4.95%
87.51 94.52

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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