Tennyson has had a A very good year for property investment returns compared to the rest of SA, giving investors a capital gain of 20.12% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Tennyson has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Tennyson are currently offering property investors an average price cut of -8.43% below the asking price at the moment.
With a capital gain of -5.57% for the last 12 months, Tennyson, 5022 has performed for property investments than its average annual 15.19% property growth over the last 5 years.
Across a shorter period, Tennyson, 5022 has seen a median price increase of -6.75% over the last quarter.
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.
Residents and property investors in Tennyson have been waiting around 89.13 days to sell a property.