At number 1419th in the list of Australian suburbs ordered by increase in median house value over the last year, Tingalpa, 4173 is in the top 40% with a property value increase of 7.68% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Tingalpa,4173 has racked up an average of 7.68% over the period. This ranks it number 2026th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Tingalpa is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 626th in terms of most discounted suburbs in QLD
At number 156 in a list of fastest selling suburbs, Tingalpa is in the TOP 10% of suburbs in Australia with an average of days on market 38.26 for properties listed there.
With the median price for a house in Tingalpa being $497500 and the advertised rent reaching $430 the gross rental yield for property investors calculates out to be 4.49%
Investment property in Tingalpa has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.00%
A 3.18% growth in median value for property investors in Tingalpa,4173 puts this suburb at number 195th in terms of best performing suburbs in QLD
The most recent median price for Tingalpa is $365000, with sellers offering an average of -3.81% off the asking price.
Tingalpa, 4173’s gross rental yield is 5.45%