Suburb Profile Report for Torrensville SA (5031)

Torrensville House: Median price $550,000, Annual capital growth 4.10%, Number of sales 61, Weekly median advertised rent $420

Torrensville Unit: Median price $419,000, Annual capital growth 4.16%, Number of sales 14, Weekly median advertised rent $320

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: CoreLogic

  • House Report
  • Unit Report

Torrensville has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -2.48% to date .

Comparing Torrensville,5031 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property buyers and investors in Torrensville 5031 should be seeing an average reduction in asking price of around -7.07% . This means that Torrensville is holding prices well when compared to other suburbs in SA.

Torrensville, 5031’s gross rental yield is 3.97%

Torrensville has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -6.51% to date .

A 8.83% growth in median value for property investors in Torrensville,5031 puts this suburb at number 5th in terms of best performing suburbs in SA

Torrensville, 5031 is offering SA ‘s 142th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this SA.

On average over the past year, suburb has had 1.17 sales per month, which equates to 14 per year.

Torrensville is 154th on a list of best yielding suburbs for rents in SA with a 3.97% return

Metrics i HOUSE UNIT
$550,000 $419,000
-8.45% 22.51%
-2.48% -6.51%
4.10% 4.16%
$420 $320
61 14
3.97% 3.97%
61.33 42.09

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 3866
Median household income ($/weekly) 1070
Median age of persons 38
Median housing loan repayment ($/monthly) 1733
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 362 9.4
    20-24 years 398 10.3
    25-34 years 610 15.8
    35-44 years 619 16.0
    45-54 years 559 14.5
    Others 1318 34.1
    Age Group
    Census Count Percent(%)
    Not Married 1578 50.9
    Registered Married 1243 40.1
    Defacto Relationship 277 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2450 66.3
    Hong Kong 258 7.0
    Indonesia 121 3.3
    Japan 175 4.7
    Other 180 4.9
    Others 514 13.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 82 2.3
    Christianity 2228 62.9
    Hinduism 85 2.4
    Islam 100 2.8
    No Religion 992 28.0
    Others 57 1.6
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 138 9.5
    $400-$599 170 11.8
    $600-$799 128 8.9
    $1,000-$1,249 149 10.3
    $1,500-$1,999 185 12.8
    Others 676 46.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1161 36.7
    Employed, worked full-time 1133 35.8
    Employed, worked part-time 643 20.3
    Unemployed, looking for work 117 3.7
    Employed, away from work 112 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 200 10.6
    Professionals 490 25.9
    Technicians & trades workers 261 13.8
    Community & personal service workers 189 10.0
    Clerical & administrative workers 277 14.7
    Others 472 25.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 257 28.3
    Secondary 183 20.1
    Technical or Further Educational Institution 101 11.1
    University or other Tertiary Institutions 304 33.4
    Other type of educational institution 33 3.6
    Others 31 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3012 81.4
    Semi-detached, row or terrace house, townhouse 372 10.1
    Flat, unit or apartment 314 8.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 556 36.1
    Fully owned 537 34.8
    Being purchased 443 28.7
    Other tenure type 6 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals