Property Analysis Report - Tugun Heights 2024

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Tugun Talking

Heights

WITH NATALIE CLARK

TUGUN HEIGHTS PROPERTY OWNER

We have pleasure to provide a quick update of the unit market at Tugun Heights.

So far for 2024, 4 units from a combined 170 for this pocket, have been sold, ranging from $652,000 - $671,000.

Despite the current interest rates, demand from both owner occupiers and investors has been exceptionally strong, with each establishment showing significant growth of at least 13.8% since 2023.

This was evident in particular with our recent sale of unit 2 Vista Pacific’ 4 Clancy Court, which attracted dozens of buyer enquiries, multiple offers and was subsequently sold within 2 weeks.

Rents are also up in the region, based on pure demand and supply, with the average market rent in the vacinity of $650pw.

If you are considering selling in this hot market and achieving optimum price, or perhaps we can generate a greater return for your investment property, then please contact Natalie Clark in the strictest confidence.

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