Powered by MOMENTUM MEDIA
AREA REPORTS

Torrens

Suburb Profile

Torrens - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2607

house
TORRENS ranks 47th in ACT when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of -2.47% for the past year is lower than average compared to its 37.39% growth within a five-year period.

Also in TORRENS, the median home price is sitting at $790,000, and the average rent at $575, this suggests property owners could potentially earn a 3.78% increase in gross rental yield.

Property investors have seen a 0% gain in TORRENS based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.46% growth over a ten-year period. It ranks 2185th on our list of suburbs that property investors should look into.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $790,000 N/A
GROWTH REPORT
Median Quarterly 0% N/A
Median 12 month -2.47% N/A
Median 3 years 16.18% N/A
Median 5 years 37.39% N/A
10 years average annual 3.46% N/A
Weekly media advert. rent $575 N/A
Time on Market 62.0 days N/A
Gross Rental Yield Percent 3.78% N/A
demographics (median values)
Total Population
2264
Weekly Household Income
1496
Household Size
2.60
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Regional town remains resilient

Regional town remains resilient despite COVID-19

Despite falling prices in many of Australia’s capital cities, a regional area is showing signs of growth, an industry expert has said. ...

REIA supports NSW tax reform

REIA supports NSW tax reform

A proposal by the NSW government, which could see a major overhaul of the tax system, has been welcomed by industry experts. ...

property investing

Millennials aren’t all that interested in property investing

Millennials aren’t all that interested in building a property portfolio, according to new research. ...

8 suburbs set to boom West Sydney

HomeBuilder prediction: 8 suburbs set to boom

There are eight areas that “are about to blow up”, thanks to the advent of the federal government’s HomeBuilder grant, according to a ...

Who lives in apartments

Who lives in apartments?

Almost half of all apartments in Australia are rented out, according to a new report which shines a comprehensive light on the types of peop...

Nicole Cannon

Should you freeze your mortgage?

While pausing mortgage repayments may be tempting for those struggling with payments, it may be best to explore other options first to avoid...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.