The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,200,000.
Average median unit prices in QLD have risen as a whole, pulling TENNYSON, 4105 values up and netting property investors a capital gain of 45.02% for the past year.
Investors saw the median home price rise to $1,200,000.
The upward trend in home prices in TENNYSON, 4105 averaged 5.5% per annum over a 3-year period.
TENNYSON now ranks at the 161st place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in TENNYSON are low, as opposed to average gains per annum over the past five years.
Real estate investors could earn a rental income of $777.5 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In TENNYSON, homes and units usually stay on listing for an average of 0.0 days.
18 properties were sold in TENNYSON in 2016, making it the 274th most active market in QLD based on total real estate transactions.
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