Sadadeen has had a pretty good year for property investment returns compared to the rest of NT, giving investors a capital gain of 2.18% to date .
If we look at median property appreciation over just the last three months, Sadadeen has given property investors a paper return of 2.93%. This puts Suburb as 4 on a list of fastest fasting appreciating suburbs in NT
Sellers are offering property buyers an average discount of -8.66% to buyers in Sadadeen at the moment, which is less than average for the rest of NT.
At number 3452 in a list of fastest selling suburbs, Sadadeen is in the bottom 10% of suburbs in Australia with an average of days on market 137.5 for properties listed there.
Situated 1285.27km from the CBD, Sadadeen is one of Alice Springs localities in the postcode 0870.
Property value increases in Sadadeen have tracked lower than the NT average of -4.15% over the last 12 months.
While Sadadeen,0870 ranked number 7th in NT for increase in median house value (annualised) increase, it is ranked 18th over the last 5 years.
Using the current median advertised rental of $340 and the average annual increase in value of a median property of 6.41%, investors should hope to achieve an overall return of 6.80%