Over the last year, property investments in Tura Beach, 2548 have given investors a capital gain of 1.46%. This compares badly with the 7.47% for NSW as a whole.
Over the longer term, Tura Beach has seen property prices show investors a 22.08% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Tura Beach is giving property investors an average Vendor Discount of around -4.73%. This puts suburb at number 739th in NSW when ranking the most discounted suburbs.
A $390 per week rent on the median house gives suburb investors a gross yield of circa 4.31%, without taking into account capital value appreciation, which has been averaging out at 2.16%.
Property investors who have had real estate in Tura Beach, 2548 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.37%
While Tura Beach,2548 ranked number 213th in NSW for increase in median house value (annualised) increase, it is ranked 389th over the last 5 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 Tura Beach, 2548. Typically our figures indicate that -2.24% is being offered, which puts this NSW suburb at 1429th most discounted overall in Australia.
In the last year 35 properties changed hands in Tura Beach, which puts it as the 338th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in Tura Beach being $349500 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 4.46%