At number 3905th in the list of Australian suburbs ordered by increase in median house value over the last year, Torrens Park, 5062 is in the BOTTOM 10% with a property value increase of -10.04% recorded in median house prices.
Across a shorter period, Torrens Park, 5062 has seen a median price increase of -6.70% over the last quarter.
Torrens Park, 5062 is offering SA ‘s 195th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this SA.
On average over the past year, suburb has had 3.42 sales per month, which equates to 41 per year.
Torrens Park is 328th on a list of best yielding suburbs for rents in SA with a 3.37% return
Property value increases in Torrens Park have tracked higher than the SA average of 3.99% over the last 12 months.
Across a shorter period, Torrens Park, 5062 has seen a median price increase of 4.55% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Torrens Park, 5062. Typically our figures indicate that -5.73% is being offered, which puts this SA suburb at 534th most discounted overall in Australia.
Residents and property investors in Torrens Park have been waiting around 65 days to sell a property.