Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
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 $1,260,000.
The upward trend in home prices in TUSMORE, 5065 averaged 3.59% per annum over a 3-year period.
Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in TUSMORE.
An average of 1.92 real estate transactions take place per month in TUSMORE which translates to 23 per annum.
23 properties were sold in TUSMORE in 2016, making it the 305th most active market in SA based on total real estate transactions.
TUSMORE, 5065 places 45th in Australia based on median property value growth during the quarter.
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 $343,500.
Investors saw the median home price rise to $343,500.
The downward trend in home prices in TUSMORE, 5065 averaged -3.97% per annum over a 3-year period.
Real estate investors could earn a rental income of $320 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 TUSMORE, homes and units usually stay on listing for an average of 0.0 days.
12 properties were sold in TUSMORE in 2016, making it the 183rd most active market in SA based on total real estate transactions.
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