Pasadena has had a A very good year for property investment returns compared to the rest of SA, giving investors a capital gain of 26.49% to date .
Over the longer term, Pasadena has seen property prices show investors a 26.27% return over the last 3 years. This is an improvement over the last 12 months
Property buyers and investors in Pasadena 5042 should be seeing an average reduction in asking price of around -6.82% . This means that Pasadena is holding prices well when compared to other suburbs in SA.
With the median price for a house in Pasadena being $585000 and the advertised rent reaching $407.5 the gross rental yield for property investors calculates out to be 3.62%