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Investment Property Torrens Park, SA, 5062

Suburb Snapshot

Torrens Park is a suburb in the Mitcham Region of South Australia. Torrens Park has a population of 2,599 people and 18.58% of its occupants live in rental accommodation. The median listing price for houses is $1,300,000 and this has changed -3.71% over the past year and changed 1.56% over 2 years.

The median rent in Torrens Park for houses is $690 per week and the median rental yield is 2.76%. Stock on the market for houses/townhouses has changed 66.67% compared to last year and the average time to sell a house/townhouse is 57 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes 24 days to sell and the median rent for a unit in Torrens Park is $415 per week, producing a rental yield of NA.

Supply & Demand in Torrens Park, Mitcham

0.50%

Current vacancy rate


6

Rental stock available


2,599

Population


18.58%

Rental population


0.32%

Current vacancy rate


90

Rental stock available


64,806

Population


17.93%

Rental population


0.49%

Current vacancy rate


4,378

Rental stock available


1,676,654

Population


25.08%

Rental population


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Statistical data for Torrens Park, Mitcham

  House Townhouses Units
Median listing price $1,300,000 NA NA
Median price change - last quarter -5.80% NA NA
Median price change - 1 year -3.71% NA NA
Median price change - 2 years 1.56% NA NA
  House Townhouses Units
Median weekly rent $690 NA $415
Median yield % 2.76% NA NA
Median rent change - 1 year 25.45% NA 12.16%
  House Units
Previous month sales 8 1
Stock on market previous month 10 1
Stock variance vs. last year 66.67% -50.00%
Average days on market 57 24

Torrens Park investment property listings

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