QLD has seen average median house prices change by 0.38% which means that Tanawha, 4556 has done well for property investors by showing a capital gain of 23.39% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Tanawha comes in at number 22th in QLD.
Our latest figures would indicate that property sellers in Tanawha are currently offering property investors an average price cut of -8.34% below the asking price at the moment.
Advertised rents are around the $700 mark per week – giving a return of 3.45% based on the median price in Suburb
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Tanawha, QLD – Soak up the sun on the coast
Median house price: $925,000
Three-year growth: 3.6%
Rental yield: 3.7%
A suburb in the alluring Sunshine Coast, Tanawha is not far from the area’s popular beaches and tourist attractions.
It is only 15km from Maroochydore and 48km from Noosa Heads via the main motorways, which also connect residents to work opportunities on offer in the greater region.
Being in close proximity to a university campus, there is potential for investment properties to attract student tenants who want an easy commute. There are plenty of shopping amenities in nearby Buderim and Forest Glen, which also offers an organic marketplace and cafe.
Along the suburb’s popular Tanawha Tourist Drive, residents can stumble upon Bellingham Maze and spend a day exploring the leafy garden surrounds.