Tugun is in the TOP 10% 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 14.29%.
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.
Property investors looking for a bargain in Tugun should be aiming for at least -7.21% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Tugun the average time real estate has been on the market is 44.32 days.
Tugun has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 8.23% to date .
Taking the average capital gain, or increase in median house value, Tugun,4224 has racked up an average of 8.23% over the period. This ranks it number 704th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Tugun, 4224. Typically our figures indicate that -4.84% is being offered, which puts this QLD suburb at 825th most discounted overall in Australia.
The QLD suburb of Tugun, 4224 is in the Gold Coast local government area.