Torrensville is in the TOP 30% in SA when comparing median price capital growth over the last year. Torrensville gave property investors a good capital gain figure when compared to the rest of the state, with 8.53%.
Torrensville,5031 was ranked 853 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -2.89% to buyers in Torrensville at the moment, which is less than average for the rest of SA.
At number 672 in a list of fastest selling suburbs, Torrensville is in the TOP 20% of suburbs in Australia with an average of days on market 52.38 for properties listed there.
Torrensville is 303th on a list of best yielding suburbs for rents in SA with a 3.73% return
SA has seen average median house prices change by 4.28% which means that Torrensville, 5031 has done well for property investors by showing a capital gain of 0.89% over the last year
Taking the average capital gain, or increase in median house value, Torrensville,5031 has racked up an average of 0.89% over the period. This ranks it number 1138th in the whole country for real estate investors looking at median house price increases.
At number 154th of SA’s most discounted properties, Torrensville is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Property investors should expect to get $320 weekly from the median priced house in this suburb.