Property value increases in Torrensville have tracked just higher than the SA average of 4.49% over the last 12 months.
Comparing Torrensville,5031 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Torrensville is offering property investors an average of -6.04. This rate of discount on properties puts Suburb at number 312th in terms of most discounted suburbs in SA
Often selling an investment property can take time, and in Torrensville the average time real estate has been on the market is 42.52 days.
Situated 3.66km from the CBD, Torrensville is one of West Torrens localities in the postcode 5031.
Over the last year, property investments in Torrensville, 5031 have given investors a capital gain of -20.65%. This compares very badly with the 4.27% for SA as a whole.
If we look at median property appreciation over just the last three months, Torrensville has given property investors a paper return of -20.65%. This puts Suburb as 174 on a list of fastest fasting appreciating suburbs in SA
Torrensville, 5031 is offering SA ‘s 155th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this SA.