Tully QLD

Postcode 4854 · Cassowary Coast LGA

Tully is a smaller suburb in Queensland within the Cassowary Coast local government area (postcode 4854). With a population of 2,368, the suburb has an established demographic with a median age of 38. Households earn a median income of $66K per year, with an average household size of 2.4 people. The most common occupations are labourers, managers, technicians & trades. The top ancestries reported are Australian, English, Irish.

The median house price in Tully is $450,000, having remained flat 0% over the past year. Units have a median price of $245,000 (-15.5% YoY). The current median weekly rent is $265. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,100.

Tully is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 939, which is below the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Cassowary Coast LGA is moderate at 5,615 incidents per 100,000 population.

From an investment perspective, Tully offers a gross rental yield of 3.1%, rated as moderate yield. Property prices sit below the state median ($450K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 6.8x is considered moderate. House prices have moved +0.0% year-on-year.

INVESTMENT SIGNALS
Rental Yield3.1% Moderate Yield
Price vs State$450K/$1.1M Below Median
Affordability6.8x Moderate
Price Momentum+0.0% Stable
INCOME (ATO 2022-23)
Median Income$39,504
Mean Income$50,881
Earners8,160
YoY Change-3.5%
SEIFA INDEX (ABS)
Advantage2/10
Education1/10
Economic1/10
Disadvantage1/10
MEDIAN HOUSE
$450K
0% YoY
MEDIAN UNIT
$245K
-15.5% YoY
MEDIAN RENT /WK
$250
POPULATION
2,368
DEMOGRAPHICS
Median Age38
Household Size2.4
HH Income /wk$1,270
Personal Income /wk$727
Mortgage /mth$1,100
CRIME (Cassowary Coast LGA)
Crime Rate (per 100k)5,615
Total Incidents5,615
SCHOOLS (3)
Avg ICSEA939
Total Students1,159
Government2
Catholic1
Tully State High SchoolSecondary · Government · ICSEA 925
Tully State SchoolPrimary · Government · ICSEA 885
St Clare's SchoolPrimary · Catholic · ICSEA 1008
HOSPITALS (1)
Tully Hospitalpublic
Data: 2024