Torrensville, SA 5031: Suburb Profile & Property Report

Market Report

House report
Unit Report

Torrensville has 56 houses available for sale. The median property price for a house is currently $1,020,000 with annual capital growth of 4.08% . There were 53 house sales in the past 12 months. On average, houses spend 73 days on market.

If you're thinking about buying an investment property in Torrensville, consider that rental yields for houses are currently 3.43% with an average median rent of $650 weekly. Houses have seen 5.15% growth in the past quarter, and 4.08% growth in the past 12 months.

The size of Torrensville is approximately 2.1 square kilometres. It has 7 parks covering nearly 7.2% of total area. The population of Torrensville in 2011 was 3,866 people. By 2016 the population was 4,068 showing a population growth of 5.2% in the area during that time. The predominant age group in Torrensville is 20-29 years.

Households in Torrensville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Torrensville work in a professional occupation. In 2011, 61.9% of the homes in Torrensville were owner-occupied compared with 60.5% in 2016.

Torrensville has 17 units available for sale. The median property price for a unit is currently $627,500 with annual capital growth of 13.27% . There were 24 unit sales in the past 12 months. On average, units spend 30 days on market.

If you're thinking about buying an investment property in Torrensville, consider that rental yields for units are currently 4.43% with an average median rent of $520 weekly. Units have seen 2.57% growth in the past quarter, and 13.27% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$1,020,000	$627,500
Quarterly growth	+5.15%	+2.57%
12-month growth	+4.08%	+13.27%
Average annual growth	+11.38%	+8.36%
Weekly median rent	$650	$520
Gross rental yield	3.43%	4.43%
Number of Sales (12m)	53	24
Avg. Days on Market (12m)	73	30

Jump to Market Trends

Key Demographics	2011	2016
Total population	3,866	4,068
Population change (5y)	+2.63%	+5.20%
Median household income (p/w)	$1,076	$1,276
Household income change (5y)	+32.35%	+18.59%
Median age of persons	37	36

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Torrensville is $1,020,000 for houses and $627,500 for units.

The Median Growth in Torrensville over the past 12 months is 4.08% for houses and 13.27% for units.

Over the past 12 months there were 53 houses sold and 24 units sold in Torrensville. On average, houses spent 73 days on market and units spent 30 days on market.

In the past 12 months up to August 2024 there were 53 houses sold and 24 units sold in Torrensville. On average, houses spent 73 days on market and units spent 30 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Torrensville is $650 for houses and $520 for units.

The Rental Yield in Torrensville is 3.43% for houses and 4.43% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Torrensville was 4,068 in 2016, a +5.20% change compared to 2011.

The predominant age group in Torrensville is 20-29 years.

The population of Torrensville was 4,068 in 2016, a +5.20% change compared to 2011.

The predominant age group in Torrensville is 20-29 years.

Most of the population in Torrensville were born in Australia.

Most of the population in Torrensville report their religion as No Religion.

Most of the population in Torrensville report their income range as between $78,000 and $130,000 .

The median household income in Torrensville was $1,276 in 2016, a +18.59% change compared to 2011.

Most of the population in Torrensville report their income range as between $15,000 and $31,000 .

The median household income in Torrensville was $1,076 in 2011, a +32.35% change compared to 2006.

Most of the population in Torrensville work as Professional.

The chart below demonstrates the various levels of education in Torrensville.

Most of the population in Torrensville reached a qualification level of Bachelor.

2011 2016

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