Tugun
7,200
Population
$1,200,000
Average House price
$730,000
Average Unit price
55%
Growth-Unit prices
Location and Demographics
Tugun, located on the southern Gold Coast, Queensland, is known for its stunning beaches, relaxed vibe, and close-knit community. It is situated approximately 20 km south of Surfers Paradise and 5 km north of Coolangatta, offering a convenient and serene location for both residents and visitors.
Community and Lifestyle
Tugun offers a laid-back coastal lifestyle with a vibrant local scene that includes a variety of cafes, restaurants, and boutique shops along Golden Four Drive and the beachfront area. The suburb is popular for its pristine beaches, perfect for swimming, surfing, and other beach activities. Tugun is considered safe and family-friendly, with excellent access to schools, parks, and essential amenities. The nearby Currumbin Wildlife Sanctuary is also a major attraction for families and tourists.
Population Growth
The population has seen steady growth over the years, from around 6,500 in 2016 to an estimated 7,200 by 2024. The suburb attracts a diverse mix of professionals, families, retirees, and tourists, contributing to its dynamic and welcoming community.
Property Market Trends
The property market in Tugun has shown significant growth over the past five years:
Sales Prices
House Prices
2019: $820,000
2024: $1,200,000
46% Growth increase
Unit Prices
2019: $470,000
2024: $730,000
55% Growth increase
Rental Market
Houses
Median Rent
2019: $600
2024: $850
42% Growth increase
Units
2019: $420
2024: $630
50% Growth increase
Rental Yield
The rental yield in Tugun remains attractive:
Houses
3.54%
Approximately in 2024.
Units
4.10%
Approximately in 2024
Tugun is a great place to live and invest
Overall, Tugun has experienced substantial growth and continues to be a highly desirable location due to its excellent amenities, beautiful natural environment, and strong community spirit. The property market remains robust, making it an ideal location for both living and investment.
