Suburb Profile Report for Tugun QLD (4224)

Tugun House: Median price $580,000, Annual capital growth 3.76%, Number of sales 90, Weekly median advertised rent $500

Tugun Unit: Median price $426,000, Annual capital growth 1.55%, Number of sales 161, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Tugun have tracked higher than the QLD average of 2.38% over the last 12 months.

Over the longer term, Tugun has seen property prices show investors a 16.88% return over the last 3 years. This is worse than over the last 12 months

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.24% offered to property buyers. Sellers in Tugun itself are offering an average vendor discount of -7.06% to real estate investors.

Property investors should expect to get $500 weekly from the median priced house in this suburb.

QLD has seen average median house prices change by 0.65% which means that Tugun, 4224 has done well for property investors by showing a capital gain of 7.85% over the last year

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Tugun has increased when compared to the 5 year average annual rate.

Sellers are offering property buyers an average discount of -4.69% to buyers in Tugun at the moment, which is less than average for the rest of QLD.

Tugun is 293th on a list of best yielding suburbs for rents in QLD with a 4.64% return

Metrics i HOUSE UNIT
$580,000 $426,000
0.00% 2.65%
9.85% 7.85%
3.76% 1.55%
$500 $380
90 161
4.48% 4.64%
45.4 66.87

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Tugun QLD
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