Over the last year, property investments in Tugun, 4224 have given investors a capital gain of 12.62%. This compares very favourably with the 2.11% for QLD as a whole.
Tugun,4224 was ranked 2486 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Tugun are currently offering property investors an average price cut of -5.21% below the asking price at the moment.
A $520 per week rent on the median house gives suburb investors a gross yield of circa 4.66%, without taking into account capital value appreciation, which has been averaging out at 3.88%.
Tugun is in the TOP 20% in QLD when comparing median price capital growth over the last year. Tugun gave property investors a very good capital gain figure when compared to the rest of the state, with 9.21%.
The five-year average increase in median property values for Tugun,4224 has given property investors a potential capital gain of 22.06% across each of those five years.
Vendor discounting in Tugun is giving property investors an average Vendor Discount of around -5.22%. This puts suburb at number 190th in QLD when ranking the most discounted suburbs.
Property investors should expect to get $400 weekly from the median priced house in this suburb.