Tusmore

TUSMORE, 5065 ranks 2698th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 18.3% 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 $1,500,000.

The upward trend in home prices in TUSMORE, 5065 averaged 7.57% per annum over a 3-year period.

Average weekly rents on listings have reached the $590 mark, reflecting a 2.05% increase in returns based on the current median price in TUSMORE.

An average of 1.42 real estate transactions take place per month in TUSMORE which translates to 17 per annum.

17 properties were sold in TUSMORE in 2016, making it the 382nd most active market in SA based on total real estate transactions.

TUSMORE, 5065 places 347th in Australia based on median property value growth during the quarter.