Over the last year, property investments in Kadina, 5554 have given investors a capital gain of -1.88%. This compares badly with the 3.45% for SA as a whole.
Kadina,5554 was ranked 3402 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Kadina should be aiming for at least -10.52% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 68 properties changed hands in Kadina, which puts it as the 123th most active market in SA when comparing the number of sales per suburb.
A $260 per week rent on the median house gives suburb investors a gross yield of circa 5.75%, without taking into account capital value appreciation, which has been averaging out at 2.71%.