At number 1722th in the list of Australian suburbs ordered by increase in median house value over the last year, Torrensville, 5031 is in the top half with a property value increase of 6.92% recorded in median house prices.
The five-year average increase in median property values for Torrensville,5031 has given property investors a potential capital gain of 26.13% across each of those five years.
Vendor discounting in Torrensville is giving property investors an average Vendor Discount of around -3.13%. This puts suburb at number 388th in SA when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $4800 per annum or $400 every week.
Torrensville has had a A very good year for property investment returns compared to the rest of SA, giving investors a capital gain of 25.58% to date .
A 35.81% growth in median value for property investors in Torrensville,5031 puts this suburb at number 36th in terms of best performing suburbs in SA
Torrensville, 5031’s gross rental yield is 3.74%