Tennyson is in the bottom 20% in QLD when comparing median price capital growth over the last year. Tennyson gave property investors a dismal capital gain figure when compared to the rest of the state, with -7.59%.
Over the longer term, Tennyson has seen property prices show investors a 18.92% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -5.36% to buyers in Tennyson at the moment, which is less than average for the rest of QLD.
With the median price for a house in Tennyson being $630000 and the advertised rent reaching $460 the gross rental yield for property investors calculates out to be 3.80%
Property investors who have had real estate in Tennyson, 4105 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -10.10%
Comparing Tennyson,4105 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Using the current median advertised rental of $760 and the average annual increase in value of a median property of -4.20%, investors should hope to achieve an overall return of 4.23%