Tuncurry has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 3.05% to date .
Over the longer term, Tuncurry has seen property prices show investors a 14.19% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Tuncurry should be aiming for at least -4.38% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 8.25 sales per month, which equates to 99 per year.
Situated 218.76km from the CBD, Tuncurry is one of Great Lakes localities in the postcode 2428.
If you compare the increase in value of investment property in Tuncurry, 2428 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -1.75%.
Taking the average capital gain, or increase in median house value, Tuncurry,2428 has racked up an average of -1.75% over the period. This ranks it number 957th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Tuncurry are currently offering property investors an average price cut of -3.99% below the asking price at the moment.
Renters in Suburb are facing rents around $3270 per annum or $272.5 every week.