Property investors who have had real estate in Tingalpa, 4173 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -2.25%
If we look at median property appreciation over just the last three months, Tingalpa has given property investors a paper return of 0.07%. This puts Suburb as 342 on a list of fastest fasting appreciating suburbs in QLD
The most recent median price for Tingalpa is $547375, with sellers offering an average of -4.47% off the asking price.
A $460 per week rent on the median house gives suburb investors a gross yield of circa 4.37%, without taking into account capital value appreciation, which has been averaging out at 3.02%.
Over the last year, property investments in Tingalpa, 4173 have given investors a capital gain of 0.00%. This compares averagely with the -0.13% for QLD as a whole.
Tingalpa,4173 was ranked 533 in Australia by increase in median property value over the quarter.
Property buyers and investors in Tingalpa 4173 should be seeing an average reduction in asking price of around -5.02% . This means that Tingalpa is holding prices well when compared to other suburbs in QLD.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 1.52%, investors should hope to achieve an overall return of 5.63%