Fraud Blocker

Tugun, QLD 4224

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Tugun, QLD 4224 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Sign up to see the score

Capital Growth RCS™

Sign up to see the score

Cashflow RCS™

Sign up to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Tugun, QLD 4224”

  1. The total adult population (15 years or older) of Tugun 4224 QLD is 5,910, with a median age of 39. Of those, 39.14% are married, 14.94% are divorced or separated, 40.54% are single and 5.30% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $8,296. The median monthly mortgage repayment for households in this suburb is $1,950 which is 23.51% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in Queensland, the suburb of Tugun, 4224 is home to approximately 3,753 households. As we traverse through the third quarter of 2023, we find that typical house prices in Tugun stand impressively around $1.4m AUD. Coupled with a median weekly rent of $918, this gives an indicative yield of about 3.4%. This yield sits in the favourable range, presenting a cashflow-positive scenario for investors.

    Taking a deep dive into the socio-economic facets of Tugun, we find it holds an IRSAD score of 1016 out of 1217. This underscores the relatively stronger financial standing, higher income levels, and well-to-do living conditions of the populace, which in turn could mean sustainable rental returns for property investors.

    Anchored at a balanced 30% value, the renter to owner ratio is favourable. This signifies a good mix of owner-occupiers and renters, typically reducing the risk of oversaturation and promoting better property upkeep and neighbourhood vibe.

    Property make-up in Tugun leans more towards houses than units, with a units to houses ratio of 48%. This bodes well for investors, as a lower proportion of units often translates to less competition among landlords for tenants and potentially higher rental yields.

    However, with an affordability index set at 66 years, home ownership is a long term prospect, indicating less affordability and possibly pointing to a premium property market.

    Analysing supply metrics, Tugun presents a moderate stock on market percentage of 0.55% and inventory levels at around 1.48 months. These figures indicate a balanced property market, neither leaning towards high supply nor scant availability. The building approvals ratio, at 0.42%, is in a favourable range, indicating a low likelihood of an oversupply of new dwellings.

    Furthermore, Tugun houses celebrate a strong demand witnessed by its 20 days on market value, far short of the 35-day threshold which typically signifies a slow moving market.

    The suburb exhibits a slight edge towards high demand, depicted by its vacancy rate of 2.29%, falling into the neutral demand classification.

    Lastly, the buy search index for houses stands at the average rate of 5, signalling a neutral level of buyer interest.

    While some metrics like the affordability index fall into the unfavourable range, majority of them, including indicative yield and Days on Market, display promising conditions for property investors. Given these mixed signals, a balanced approach to investing, based on a comprehensive understanding of all data facets, is advisable. As developments unfold, with our RCS (Relative Composite Score) you can stay updated with over 80 metrics, enabling you to make knowledgeable investment decisions.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment