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