Property investors who have had real estate in Kadina, 5554 should be relatively pleased with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.17%
While Kadina,5554 ranked number 41th in SA for increase in median house value (annualised) increase, it is ranked 314th over the last 5 years.
Property investors looking for a bargain in Kadina should be aiming for at least -8.22% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Kadina the average time real estate has been on the market is 118.25 days.
Using the current median advertised rental of $270 and the average annual increase in value of a median property of 0.98%, investors should hope to achieve an overall return of 5.62%