Property investors who have had real estate in Tennyson, 5022 should be pleased with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 21.89%
Property buyers and investors in Tennyson 5022 should be seeing an average reduction in asking price of around -8.73% . This means that Tennyson is holding prices well when compared to other suburbs in SA.
In the last year 21 properties changed hands in Tennyson, which puts it as the 365th most active market in SA when comparing the number of sales per suburb.
Tennyson, 5022’s gross rental yield is 2.93%
Tennyson has had a very poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -6.72% to date .
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.26% offered to property buyers. Sellers in Tennyson itself are offering an average vendor discount of -10.32% to real estate investors.
Renters in Suburb are facing rents around $3840 per annum or $320 every week.