Property investors who have had real estate in Tingalpa, 4173 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 6.60%
When looking at the potential capital gains offered to property investors over the last 3 years, Tingalpa comes in at number 371th in QLD.
Property buyers and investors in Tingalpa 4173 should be seeing an average reduction in asking price of around -5.39% . This means that Tingalpa is holding prices well when compared to other suburbs in QLD.
Renters in Suburb are facing rents around $5160 per annum or $430 every week.
At number 754th in the list of Australian suburbs ordered by increase in median house value over the last year, Tingalpa, 4173 is in the top half with a property value increase of 4.23% recorded in median house prices.
Tingalpa,4173 was ranked 829 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Tingalpa should be aiming for at least -4.41% off the asking price, which is the average vendor discount being achieved at the moment.
At number 451 in a list of fastest selling suburbs, Tingalpa is in the TOP 40% of suburbs in Australia with an average of days on market 62.39 for properties listed there.
Advertised rents are around the $385 mark per week – giving a return of 5.41% based on the median price in Suburb