QLD has seen average median house prices change by 2.45% which means that Tennyson, 4105 has done well for property investors by showing a capital gain of 12.32% over the last year
Sellers are offering property buyers an average discount of -8.32% to buyers in Tennyson at the moment, which is less than average for the rest of QLD.
In the last year 16 properties changed hands in Tennyson, which puts it as the 772th most active market in QLD when comparing the number of sales per suburb.
Situated 6.98km from the CBD, Tennyson is one of Brisbane localities in the postcode 4105.
With a capital gain of 7.69% for the last 12 months, Tennyson, 4105 has performed for property investments than its average annual -4.50% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Tennyson has increased when compared to the 5 year average annual rate.
Advertised rents are around the $770 mark per week – giving a return of 4.77% based on the median price in Suburb