Over the last year, property investments in Tennyson, 4105 have given investors a capital gain of 21.02%. This compares very favourably with the 2.41% for QLD as a whole.
Across a shorter period, Tennyson, 4105 has seen a median price increase of 3.68% over the last quarter.
Tennyson, 4105 is offering QLD ‘s 161th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this QLD.
A $510 per week rent on the median house gives suburb investors a gross yield of circa 3.77%, without taking into account capital value appreciation, which has been averaging out at 5.55%.
Tennyson has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -24.17% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Tennyson has fallen somewhat when compared to the 5 year average annual rate.
With the median price for a house in Tennyson being $614250 and the advertised rent reaching $750 the gross rental yield for property investors calculates out to be 6.35%