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 4.67%.
Over the longer term, Torrensville has seen property prices show investors a 16.67% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Torrensville is $560000, with sellers offering an average of -3.12% off the asking price.
Situated 3.65km from the CBD, Torrensville is one of West Torrens localities in the postcode 5031.
Investment property in Torrensville has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 25.72%
Comparing Torrensville,5031 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Using the current median advertised rental of $345 and the average annual increase in value of a median property of 5.91%, investors should hope to achieve an overall return of 4.00%