Suburb Profile Report for Torrensville SA (5031)

Torrensville House: Median price $564,000, Annual capital growth 4.76%, Number of sales 48, Weekly median advertised rent $400

Torrensville Unit: Median price $448,188, Annual capital growth 5.65%, Number of sales 16, Weekly median advertised rent $328

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
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Source: CoreLogic

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  • Unit Report

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%.

Metrics i HOUSE UNIT
$564,000 $448,188
1.30% 2.33%
5.42% 25.72%
4.76% 5.65%
$400 $328
48 16
3.69% 3.80%
50.53 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 3866
Median household income ($/weekly) 1070
Median age of persons 38
Median housing loan repayment ($/monthly) 1733
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 362 9.4
    20-24 years 398 10.3
    25-34 years 610 15.8
    35-44 years 619 16.0
    45-54 years 559 14.5
    Others 1318 34.1
    Age Group
    Census Count Percent(%)
    Not Married 1578 50.9
    Registered Married 1243 40.1
    Defacto Relationship 277 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2450 66.3
    Hong Kong 258 7.0
    Indonesia 121 3.3
    Japan 175 4.7
    Other 180 4.9
    Others 514 13.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 82 2.3
    Christianity 2228 62.9
    Hinduism 85 2.4
    Islam 100 2.8
    No Religion 992 28.0
    Others 57 1.6
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 138 9.5
    $400-$599 170 11.8
    $600-$799 128 8.9
    $1,000-$1,249 149 10.3
    $1,500-$1,999 185 12.8
    Others 676 46.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1161 36.7
    Employed, worked full-time 1133 35.8
    Employed, worked part-time 643 20.3
    Unemployed, looking for work 117 3.7
    Employed, away from work 112 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 200 10.6
    Professionals 490 25.9
    Technicians & trades workers 261 13.8
    Community & personal service workers 189 10.0
    Clerical & administrative workers 277 14.7
    Others 472 25.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 257 28.3
    Secondary 183 20.1
    Technical or Further Educational Institution 101 11.1
    University or other Tertiary Institutions 304 33.4
    Other type of educational institution 33 3.6
    Others 31 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3012 81.4
    Semi-detached, row or terrace house, townhouse 372 10.1
    Flat, unit or apartment 314 8.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 556 36.1
    Fully owned 537 34.8
    Being purchased 443 28.7
    Other tenure type 6 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals