Over the last year, property investments in Nairne, 5252 have given investors a capital gain of -3.75%. This compares very badly with the 3.53% for SA as a whole.
If we look at median property appreciation over just the last three months, Nairne has given property investors a paper return of -3.38%. This puts Suburb as 385 on a list of fastest fasting appreciating suburbs in SA
Our latest figures would indicate that property sellers in Nairne are currently offering property investors an average price cut of -4.71% below the asking price at the moment.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.89%, without taking into account capital value appreciation, which has been averaging out at 2.18%.