Suburb Profile Report for Pasadena SA (5042)

Pasadena House: Median price $550,000, Annual capital growth 4.29%, Number of sales 39, Weekly median advertised rent $450

Pasadena Unit: Median price $232,500, Annual capital growth 13.73%, Number of sales 13, Weekly median advertised rent $278

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Pasadena, 5042 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this SA suburb was -2.87%.

Pasadena,5042 was ranked 3514 in Australia by increase in median property value over the quarter.

Our latest figures would indicate that property sellers in Pasadena are currently offering property investors an average price cut of -5.50% below the asking price at the moment.

A $450 per week rent on the median house gives suburb investors a gross yield of circa 4.25%, without taking into account capital value appreciation, which has been averaging out at 4.29%.

Pasadena is 8th on a list of best yielding suburbs for rents in SA with a 6.21% return

Metrics i HOUSE UNIT
$550,000 $232,500
-3.19% N/A
-2.87% N/A
4.29% 13.73%
$450 $278
39 13
4.25% 6.21%
70.7272727272727 N/A

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 2893
Median household income ($/weekly) 946
Median age of persons 50
Median housing loan repayment ($/monthly) 1415
Average household size 2.3
  • Census Count Percent(%)
    35-44 years 311 10.7
    45-54 years 311 10.7
    55-64 years 333 11.5
    65-74 years 386 13.3
    75-84 years 415 14.3
    Others 1138 39.3
    Age Group
    Census Count Percent(%)
    Registered Married 1335 55.8
    Not Married 929 38.9
    Defacto Relationship 127 5.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1972 70.3
    Croatia 51 1.8
    Hong Kong 109 3.9
    United Kingdom 135 4.8
    Other 146 5.2
    Others 391 13.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 92 3.4
    Christianity 1930 70.8
    Islam 66 2.4
    Other Religious Groups 39 1.4
    No Religion 574 21.0
    Others 26 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 99 8.9
    $400-$599 161 14.4
    $600-$799 141 12.6
    $800-$999 136 12.2
    $1,500-$1,999 106 9.5
    Others 475 42.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1205 49.0
    Employed, worked full-time 698 28.4
    Employed, worked part-time 422 17.2
    Employed, away from work 73 3.0
    Unemployed, looking for work 62 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 136 11.4
    Professionals 299 25.0
    Technicians & trades workers 137 11.5
    Community & personal service workers 125 10.5
    Clerical & administrative workers 205 17.2
    Others 292 24.5
    Occupation
    Census Count Percent(%)
    Pre-school 26 4.4
    Infants/Primary 177 30.2
    Secondary 131 22.4
    Technical or Further Educational Institution 50 8.5
    University or other Tertiary Institutions 178 30.4
    Others 24 4.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2053 73.9
    Semi-detached, row or terrace house, townhouse 514 18.5
    Flat, unit or apartment 212 7.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 535 45.2
    Being purchased 293 24.7
    Rented 213 18.0
    Other tenure type 143 12.1
    Tenure Type
Census 2011, ABS
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