Property investment stats for Truro, South West

• The area’s average rental yield of 5.1% is attractive for investors seeking solid income returns.
• A high proportion of single occupier households (in the 80th percentile) and a strong student and professional base support consistent rental demand.
• The median discount of £5,000 (the typical achieved discount) on sale prices suggests there is room for negotiation and potentially better value for buyers.

• The population aged 60+ is in the 70th percentile, which could temper long-term rental demand growth if younger cohorts do not increase.
• Families make up a relatively small share of households (in the 20th percentile), which may limit demand for larger homes.
• The market is not the most liquid, with 81 days on the market and 326 annual sales, so sales may take longer than in faster-moving areas.

Looking ahead, Truro’s property market appears steady, with the mix of students, professionals and retirees creating a broad base of demand. The annualised growth over three years of 3.7% points to a market that’s been quietly gaining ground, and the current median asking sale price for a 3-bedroom house of £325,000 and asking rent of £1,500 suggest a healthy balance between affordability and returns.

Rental yields should remain competitive given the average of 5.1% and a lively private rental sector. Investors can expect ongoing demand from single occupiers and students, while the older population may support downsizer activity. While sales can take a little longer than in some hotspots, the median discount of £5,000 (the typical achieved discount) could reward patient buyers. Overall, Truro looks like a market where steady, sustainable growth is the name of the game.