Tully is in the bottom 10% in QLD when comparing median price capital growth over the last year. Tully gave property investors a dismal capital gain figure when compared to the rest of the state, with -20.00%.
When looking at the potential capital gains offered to property investors over the last 3 years, Tully comes in at number 838th in QLD.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.10% offered to property buyers. Sellers in Tully itself are offering an average vendor discount of -14.17% to real estate investors.
With the median price for a house in Tully being $160000 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 9.10%