ACT/
Torrens

Suburb Profile

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

house
TORRENS ranks 58th in ACT when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of -7.81% for the past year is lower than average compared to its 26.82% growth within a five-year period.

Also in TORRENS, the median home price is sitting at $678,500, and the average rent at $525, this suggests property owners could potentially earn a 4.02% increase in gross rental yield.

Property investors have seen a 0.22% 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 5.51% growth over a ten-year period. It ranks 1376th on our list of suburbs that property investors should look into.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $678,500 N/A
GROWTH REPORT
Median Quarterly 0.22% N/A
Median 12 month -7.81% N/A
Median 3 years 19.04% N/A
Median 5 years 26.82% N/A
10 years average annual 5.51% N/A
Weekly media advert. rent $525 N/A
Time on Market 94.6 days N/A
Gross Rental Yield Percent 4.02% N/A
demographics (median values)
Total Population
2264
Weekly Household Income
1496
Household Size
2.60
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