Torrens Park is in the TOP 20% in SA when comparing median price capital growth over the last year. Torrens Park gave property investors a very good capital gain figure when compared to the rest of the state, with 18.29%.
Torrens Park,5062 was ranked 883 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Torrens Park are currently offering property investors an average price cut of -5.28% below the asking price at the moment.
The SA suburb of Torrens Park, 5062 is in the Mitcham (C) local government area.
Torrens Park,5062 was ranked 1656 in Australia by increase in median property value over the quarter.
Using the current median advertised rental of $315 and the average annual increase in value of a median property of 0.47%, investors should hope to achieve an overall return of 5.00%