With a capital gain of 21.01% for the last 12 months, Tennyson, 5022 has performed for property investments than its average annual 1.31% property growth over the last 5 years.
Tennyson,5022 was ranked 36 in Australia by increase in median property value over the quarter.
With the median price for a house in Tennyson being $1080000 and the advertised rent reaching $750 the gross rental yield for property investors calculates out to be 3.61%
At number 1123th in the list of Australian suburbs ordered by increase in median house value over the last year, Tennyson, 5022 is in the BOTTOM 40% with a property value increase of 0.00% recorded in median house prices.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Tennyson, 5022. Typically our figures indicate that -10.97% is being offered, which puts this SA suburb at 38th most discounted overall in Australia.
Renters in Suburb are facing rents around $3600 per annum or $300 every week.