At number 2118th in the list of Australian suburbs ordered by increase in median house value over the last year, Tanawha, 4556 is in the BOTTOM 50% with a property value increase of 12.65% recorded in median house prices.
Across a shorter period, Tanawha, 4556 has seen a median price increase of 4.74% over the last quarter.
Using the current median advertised rental of $600 and the average annual increase in value of a median property of 8.65%, investors should hope to achieve an overall return of 2.26%
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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.