At number 2555th in the list of Australian suburbs ordered by increase in median house value over the last year, Pasadena, 5042 is in the BOTTOM 40% with a property value increase of 2.13% recorded in median house prices.
The five-year average increase in median property values for Pasadena,5042 has given property investors a potential capital gain of -2.04% across each of those five years.
Our latest figures would indicate that property sellers in Pasadena are currently offering property investors an average price cut of -6.28% below the asking price at the moment.
With the median price for a house in Pasadena being $480000 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 4.23%
SA has seen average median house prices change by 4.30% which means that Pasadena, 5042 has done well for property investors by showing a capital gain of 1.85% over the last year
The five-year average increase in median property values for Pasadena,5042 has given property investors a potential capital gain of -3.25% across each of those five years.
Renters in Suburb are facing rents around $3060 per annum or $255 every week.