Torrensville is an average performer in SA when comparing median price capital growth over the last year. Torrensville gave property investors a average capital gain figure when compared to the rest of the state, with 5.42%.
Torrensville,5031 has offered an average of 5.42% return per annum in house price rises to property investors over the last three years.
The most recent median price for Torrensville is $564000, with sellers offering an average of -2.23% off the asking price.
At number 74th in the list of Australian suburbs ordered by increase in median house value over the last year, Torrensville, 5031 is in the top 10% with a property value increase of 25.72% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Torrensville,5031 has racked up an average of 25.72% over the period. This ranks it number 1127th in the whole country for real estate investors looking at median house price increases.
A $327.5 per week rent on the median house gives suburb investors a gross yield of circa 3.80%, without taking into account capital value appreciation, which has been averaging out at 5.65%.