Investment property in Tennyson has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 17.03%
Property buyers and investors in Tennyson 4105 should be seeing an average reduction in asking price of around -6.30% . This means that Tennyson is holding prices well when compared to other suburbs in QLD.
Often selling an investment property can take time, and in Tennyson the average time real estate has been on the market is 57 days.
Using the current median advertised rental of $527.5 and the average annual increase in value of a median property of 5.45%, investors should hope to achieve an overall return of 4.04%
Over the last year, property investments in Tennyson, 4105 have given investors a capital gain of -48.87%. This compares very badly with the 0.65% for QLD as a whole.
While Tennyson,4105 ranked number 349th in QLD for increase in median house value (annualised) increase, it is ranked 298th over the last 5 years.