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.