Tennyson, 5022 ranked 24th in SA when comparing growth in median property values or capital gain over the last 12 months. Tennyson is one of 853 in our list for SA
The five-year average increase in median property values for Tennyson,5022 has given property investors a potential capital gain of -8.76% across each of those five years.
The most recent median price for Tennyson is $1015000, with sellers offering an average of -8.21% off the asking price.
A $615 per week rent on the median house gives suburb investors a gross yield of circa 3.15%, without taking into account capital value appreciation, which has been averaging out at 3.57%.
Investment property in Tennyson has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -34.04%
While Tennyson,5022 ranked number 176th in SA for increase in median house value (annualised) increase, it is ranked 158th over the last 5 years.
Tennyson, 5022 is offering SA ‘s 13th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this SA.
Using the current median advertised rental of $325 and the average annual increase in value of a median property of 12.16%, investors should hope to achieve an overall return of 5.45%