If you compare the increase in value of investment property in Torrens Park, 5062 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -8.27%.
When looking at the potential capital gains offered to property investors over the last 3 years, Torrens Park comes in at number 256th in SA.
Torrens Park, 5062 is offering SA ‘s 193th 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.
Residents and property investors in Torrens Park have been waiting around 84 days to sell a property.
Property investors should expect to get $455 weekly from the median priced house in this suburb.
Property value increases in Torrens Park have tracked higher than the SA average of 3.52% over the last 12 months.
Across a shorter period, Torrens Park, 5062 has seen a median price increase of 9.43% over the last quarter.
Sellers are offering property buyers an average discount of -5.73% to buyers in Torrens Park at the moment, which is less than average for the rest of SA.
Property investors should expect to get $295 weekly from the median priced house in this suburb.