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%