If you compare the increase in value of investment property in Nairne, 5252 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -2.09%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Nairne has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Nairne should be aiming for at least -4.59% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 98 properties changed hands in Nairne, which puts it as the 57th most active market in SA when comparing the number of sales per suburb.
Nairne is 113th on a list of best yielding suburbs for rents in SA with a 4.85% return