Investment property in Torrens Park has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -4.33%
Taking the average capital gain, or increase in median house value, Torrens Park,5062 has racked up an average of -4.33% over the period. This ranks it number 3202th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Torrens Park is offering property investors an average of -6.34. This rate of discount on properties puts Suburb at number 106th in terms of most discounted suburbs in SA
With a capital gain of 6.62% for the last 12 months, Torrens Park, 5062 has performed for property investments than its average annual 4.46% property growth over the last 5 years.
Torrens Park,5062 has offered an average of 6.62% return per annum in house price rises to property investors over the last three years.
The most recent median price for Torrens Park is $362500, with sellers offering an average of -6.05% off the asking price.
Torrens Park is 137th on a list of best yielding suburbs for rents in SA with a 4.23% return