Torrens Park has had a very poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -2.61% to date .
The five-year average increase in median property values for Torrens Park,5062 has given property investors a potential capital gain of 19.20% across each of those five years.
Property buyers and investors in Torrens Park 5062 should be seeing an average reduction in asking price of around -6.81% . This means that Torrens Park is holding prices well when compared to other suburbs in SA.
On average over the past year, suburb has had 4.25 sales per month, which equates to 51 per year.
Advertised rents are around the $475 mark per week – giving a return of 3.32% based on the median price in Suburb
Over the last year, property investments in Torrens Park, 5062 have given investors a capital gain of -26.84%. This compares very badly with the 3.61% for SA as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Torrens Park comes in at number 170th in SA.
At number 75th of SA’s most discounted properties, Torrens Park is in the middle of the state/territory when listing in order of most discounted to least.
Torrens Park, 5062’s gross rental yield is 5.52%