Property investors who have had real estate in Tingalpa, 4173 should be ok 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 5.02%
When looking at the potential capital gains offered to property investors over the last 3 years, Tingalpa comes in at number 308th in QLD.
Tingalpa, 4173 is offering QLD ‘s 778th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this QLD.
On average over the past year, suburb has had 11.83 sales per month, which equates to 142 per year.
With the median price for a house in Tingalpa being $512500 and the advertised rent reaching $430 the gross rental yield for property investors calculates out to be 4.36%
QLD has seen average median house prices change by 0.65% which means that Tingalpa, 4173 has done well for property investors by showing a capital gain of 0.82% over the last year
Comparing Tingalpa,4173 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Tingalpa are currently offering property investors an average price cut of -4.68% below the asking price at the moment.