Tennyson has had a A very good year for property investment returns compared to the rest of SA, giving investors a capital gain of 10.13% to date .
Taking the average capital gain, or increase in median house value, Tennyson,5022 has racked up an average of 10.13% over the period. This ranks it number 1628th in the whole country for real estate investors looking at median house price increases.
The SA suburb of Tennyson, 5022 is in the Charles Sturt local government area.
Tennyson is in the bottom 10% in SA 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 -23.46%.
Over the longer term, Tennyson has seen property prices show investors a -16.78% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Tennyson is offering property investors an average of -6.40. This rate of discount on properties puts Suburb at number 22th in terms of most discounted suburbs in SA
At number 811 in a list of fastest selling suburbs, Tennyson is just in the bottom half of suburbs in Australia with an average of days on market 79.15 for properties listed there.
Property investors should expect to get $337.5 weekly from the median priced house in this suburb.