If you compare the increase in value of investment property in Hendon, 5014 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -4.44%.
LACK OF BUYER INTEREST may well be the reason that Hendon is offering property investors an average of -6.54. This rate of discount on properties puts Suburb at number 303th in terms of most discounted suburbs in SA
With the median price for a house in Hendon being $387000 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 4.43%