Tennyson is in the TOP 10% in SA when comparing median price capital growth over the last year. Tennyson gave property investors a very good capital gain figure when compared to the rest of the state, with 24.10%.
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.
Often selling an investment property can take time, and in Tennyson the average time real estate has been on the market is 172.81 days.
Tennyson, 5022’s gross rental yield is 3.05%
Over the last year, property investments in Tennyson, 5022 have given investors a capital gain of -5.10%. This compares badly with the 3.03% for SA as a whole.
Comparing Tennyson,5022 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Property investors looking for a bargain in Tennyson should be aiming for at least -10.32% off the asking price, which is the average vendor discount being achieved at the moment.
The SA suburb of Tennyson, 5022 is in the Charles Sturt local government area.