At number 2646th in the list of Australian suburbs ordered by increase in median house value over the last year, Tingalpa, 4173 is in the BOTTOM 40% with a property value increase of 7.52% recorded in median house prices.
Comparing Tingalpa,4173 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -2.62% to buyers in Tingalpa at the moment, which is less than average for the rest of QLD.
At number 578th in the list of Australian suburbs ordered by increase in median house value over the last year, Tingalpa, 4173 is in the top 40% with a property value increase of 9.01% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Tingalpa has increased when compared to the 5 year average annual rate.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.76% offered to property buyers. Sellers in Tingalpa itself are offering an average vendor discount of -2.69% to real estate investors.
Residents and property investors in Tingalpa have been waiting around 29.6364 days to sell a property.
With the median price for a house in Tingalpa being $387000 and the advertised rent reaching $375 the gross rental yield for property investors calculates out to be 5.04%