Suburb Profile Report for Tuncurry NSW (2428)

Tuncurry House: Median price $429,000, Annual capital growth 2.30%, Number of sales 105, Weekly median advertised rent $385

Tuncurry Unit: Median price $295,000, Annual capital growth 1.52%, Number of sales 152, Weekly median advertised rent $280

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Tuncurry has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.63%

Over the longer term, Tuncurry has seen property prices show investors a 11.86% return over the last 3 years. This is worse than over the last 12 months

Sellers are offering property buyers an average discount of -4.58% to buyers in Tuncurry at the moment, which is less than average for the rest of NSW.

At number 547th in the list of Australian suburbs ordered by increase in median house value over the last year, Tuncurry, 2428 is in the top 40% with a property value increase of 7.27% recorded in median house prices.

A 31.11% growth in median value for property investors in Tuncurry,2428 puts this suburb at number 96th in terms of best performing suburbs in NSW

At number 317th of NSW’s most discounted properties, Tuncurry is in the TOP 40% of the state/territory when listing in order of most discounted to least.

Using the current median advertised rental of $280 and the average annual increase in value of a median property of 1.52%, investors should hope to achieve an overall return of 4.94%

HOUSE UNIT
$429,000 $295,000
1.66% 5.36%
4.63% 7.27%
2.30% 1.52%
$385 $280
105 152
4.67% 4.94%
93.65 90.66

Source: CoreLogic

DSR Score for property investment : Good (U), Good (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