TUSMORE, 5065 ranks 1452nd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 8.62% for property investors.
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 4.42% 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 1.75 real estate transactions take place per month in TUSMORE which translates to 21 per annum.
21 properties were sold in TUSMORE in 2016, making it the 316th most active market in SA based on total real estate transactions.
TUSMORE, 5065 places 326th 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 $342,000.
Investors saw the median home price rise to $342,000.
The downward trend in home prices in TUSMORE, 5065 averaged -3.43% per annum over a 3-year period.
TUSMORE now ranks at the 93rd place on a list of fastest growing suburbs in the territory.
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.
13 properties were sold in TUSMORE in 2016, making it the 173rd most active market in SA based on total real estate transactions.
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