Suburb Profile Report for Tugun QLD (4224)

Tugun House: Median price $577,500, Annual capital growth 3.65%, Number of sales 82, Weekly median advertised rent $500

Tugun Unit: Median price $405,000, Annual capital growth 1.83%, Number of sales 151, Weekly median advertised rent $380

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 1.98% which means that Tugun, 4224 has done well for property investors by showing a capital gain of 16.67% over the last year

Tugun,4224 was ranked 755 in Australia by increase in median property value over the quarter.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.32% offered to property buyers. Sellers in Tugun itself are offering an average vendor discount of -4.94% to real estate investors.

Using the current median advertised rental of $500 and the average annual increase in value of a median property of 3.65%, investors should hope to achieve an overall return of 4.50%

If you compare the increase in value of investment property in Tugun, 4224 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 5.19%.

While Tugun,4224 ranked number 167th in QLD for increase in median house value (annualised) increase, it is ranked 62th over the last 5 years.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.98% offered to property buyers. Sellers in Tugun itself are offering an average vendor discount of -5.37% to real estate investors.

Tugun is 270th on a list of best yielding suburbs for rents in QLD with a 4.88% return

HOUSE UNIT
$577,500 $405,000
3.59% 0.00%
16.67% 5.19%
3.65% 1.83%
$500 $380
82 151
4.50% 4.88%
59.74 85.75

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
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Demographics
Total population 5975
Median household income ($/weekly) 994
Median age of persons 39
Median housing loan repayment ($/monthly) 1831
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 600 10.0
    25-34 years 857 14.3
    35-44 years 800 13.4
    45-54 years 878 14.7
    55-64 years 805 13.5
    Others 2036 34.1
    Age Group
    Census Count Percent(%)
    Not Married 2151 48.0
    Registered Married 1744 38.9
    Defacto Relationship 585 13.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 4548 82.0
    South Korea 33 0.6
    Papua New Guinea 318 5.7
    United Kingdom 287 5.2
    Other 98 1.8
    Others 259 4.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 98 1.8
    Christianity 3812 71.3
    Hinduism 17 0.3
    Other Religious Groups 23 0.4
    No Religion 1380 25.8
    Others 15 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 324 14.8
    $600-$799 258 11.8
    $800-$999 224 10.2
    $1,000-$1,249 246 11.2
    $1,500-$1,999 278 12.7
    Others 859 39.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1644 35.2
    Not in the labour force 1581 33.8
    Employed, worked part-time 1034 22.1
    Unemployed, looking for work 244 5.2
    Employed, away from work 169 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 493 17.3
    Technicians & trades workers 480 16.9
    Community & personal service workers 370 13.0
    Clerical & administrative workers 384 13.5
    Sales 352 12.4
    Others 765 26.9
    Occupation
    Census Count Percent(%)
    Pre-school 65 5.8
    Infants/Primary 377 33.6
    Secondary 282 25.2
    Technical or Further Educational Institution 155 13.8
    University or other Tertiary Institutions 193 17.2
    Others 49 4.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3202 57.9
    Semi-detached, row or terrace house, townhouse 1241 22.4
    Flat, unit or apartment 1086 19.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 930 39.1
    Being purchased 766 32.2
    Fully owned 666 28.0
    Other tenure type 15 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals