Giving property investors a an unimpressive capital gain of -2.41% for the last year, Pasadena, 5042 is the 3210th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Pasadena comes in at number 290th in SA.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.51% offered to property buyers. Sellers in Pasadena itself are offering an average vendor discount of -8.46% to real estate investors.
On average over the past year, suburb has had 4.25 sales per month, which equates to 51 per year.
With the median price for a house in Pasadena being $466000 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 4.35%
Renters in Suburb are facing rents around $3030 per annum or $252.5 every week.