Suburb Profile Report for Tugun QLD (4224)

Tugun House: Median price $612,500, Annual capital growth 3.96%, Number of sales 90, Weekly median advertised rent $520

Tugun Unit: Median price $440,000, Annual capital growth 2.52%, Number of sales 164, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Tugun 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 8.41%

When looking at the potential capital gains offered to property investors over the last 3 years, Tugun comes in at number 93th in QLD.

Property buyers and investors in Tugun 4224 should be seeing an average reduction in asking price of around -7.81% . This means that Tugun is holding prices well when compared to other suburbs in QLD.

Advertised rents are around the $520 mark per week – giving a return of 4.41% based on the median price in Suburb

At number 543th in the list of Australian suburbs ordered by increase in median house value over the last year, Tugun, 4224 is in the top 40% with a property value increase of 8.64% recorded in median house prices.

Across a shorter period, Tugun, 4224 has seen a median price increase of 3.96% over the last quarter.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.00% offered to property buyers. Sellers in Tugun itself are offering an average vendor discount of -4.55% to real estate investors.

Renters in Suburb are facing rents around $4800 per annum or $400 every week.

Metrics i HOUSE UNIT
$612,500 $440,000
1.24% 3.96%
8.41% 8.64%
3.96% 2.52%
$520 $400
90 164
4.41% 4.73%
43.98 65.5

Source: CoreLogic

DSR Score for property investment : Good (H), Very good (U)
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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