Property value increases in Tannum Sands have tracked just higher than the QLD average of 1.66% over the last 12 months.
Tannum Sands,4680 was ranked 3971 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Tannum Sands is offering property investors an average of -6.74. This rate of discount on properties puts Suburb at number 111th in terms of most discounted suburbs in QLD
At number 2973 in a list of fastest selling suburbs, Tannum Sands is in the bottom 20% of suburbs in Australia with an average of days on market 104.896 for properties listed there.
Using the current median advertised rental of $320 and the average annual increase in value of a median property of -2.03%, investors should hope to achieve an overall return of 4.42%