With a capital gain of 5.60% for the last 12 months, Tuncurry, 2428 has performed for property investments than its average annual 2.61% property growth over the last 5 years.
The five-year average increase in median property values for Tuncurry,2428 has given property investors a potential capital gain of 23.19% across each of those five years.
Vendor discounting in Tuncurry is giving property investors an average Vendor Discount of around -4.29%. This puts suburb at number 854th in NSW when ranking the most discounted suburbs.
Residents and property investors in Tuncurry have been waiting around 90.59 days to sell a property.
With the median price for a house in Tuncurry being $443500 and the advertised rent reaching $395 the gross rental yield for property investors calculates out to be 4.63%
Giving property investors a a solid capital gain of 12.73% for the last year, Tuncurry, 2428 is the 292th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Tuncurry comes in at number 313th in NSW.
Our latest figures would indicate that property sellers in Tuncurry are currently offering property investors an average price cut of -3.92% below the asking price at the moment.
On average over the past year, suburb has had 13.58 sales per month, which equates to 163 per year.