TENNYSON, 5022 ranks 719th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 14.52% for property investors.
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 $1,191,000.
The upward trend in home prices in TENNYSON, 5022 averaged 5.02% per annum over a 3-year period.
Average weekly rents on listings have reached the $670 mark, reflecting a 2.93% increase in returns based on the current median price in TENNYSON.
An average of 1 real estate transactions take place per month in TENNYSON which translates to 12 per annum.
12 properties were sold in TENNYSON in 2016, making it the 438th most active market in SA based on total real estate transactions.
The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $426,000.
Average median unit prices in SA have risen as a whole, pulling TENNYSON, 5022 values up and netting property investors a capital gain of 37.42% for the past year.
Investors saw the median home price rise to $426,000.
The upward trend in home prices in TENNYSON, 5022 averaged 4.23% per annum over a 3-year period.
TENNYSON now ranks at the 20th 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 high, as opposed to average gains per annum over the past five years.
Real estate investors could earn a rental income of $330 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 117th most active market in SA based on total real estate transactions.
You make no sense Rick. What is your point?
I think an experienced landlord would...
Rental properties are not appropriate...
Independent Financial Adviser
Real Estate Business
Smart Property Investment
Which Investment Property
Australian Law Awards
Corporate Counsel Awards
30 Under Thirty
Partner of the Year
Women in Law
Better Business Summit
Australian Broking Awards
New Broker Academy
Bootcamp SME Broker
Australian Accounting Awards
ifa Excellence Awards
Women in Finance Awards
Adviser Innovation Summit
Tax & Legal