If you compare the increase in value of investment property in Tully, 4854 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -32.63%.
The five-year average increase in median property values for Tully,4854 has given property investors a potential capital gain of -21.95% across each of those five years.
Our latest figures would indicate that property sellers in Tully are currently offering property investors an average price cut of -12.26% below the asking price at the moment.
In the last year 27 properties changed hands in Tully, which puts it as the 615th most active market in QLD when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $3600 per annum or $300 every week.