Investment property in Tingalpa has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.37%
Over the longer term, Tingalpa has seen property prices show investors a 17.86% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Tingalpa are currently offering property investors an average price cut of -3.97% below the asking price at the moment.
Tingalpa is an average performer in QLD when comparing median price capital growth over the last year. Tingalpa gave property investors a average capital gain figure when compared to the rest of the state, with 0.82%.
Taking the average capital gain, or increase in median house value, Tingalpa,4173 has racked up an average of 0.82% over the period. This ranks it number 928th 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 -6.05. This rate of discount on properties puts Suburb at number 253th in terms of most discounted suburbs in QLD
Tingalpa is 173th on a list of best yielding suburbs for rents in QLD with a 5.37% return