PASADENA 5042
State: SAPosiProp AI Investment Summary
PASADENA (SA 5042) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.3% and has experienced a 12-month capital growth of Up 1.5%, with a median house buy price of $1,000,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$891,000
$975,500
$1,301,300
$1,000,000
Suburb Market Profile
Last month Pasadena had 5 properties available for rent and 8 properties for sale. Median property prices over the last year range from $1,000,000 for houses to $536,000 for units. If you are looking for an investment property, consider houses in Pasadena rent out for $668 PW with an annual rental yield of 3.3% and units rent for $480 PW with a rental yield of 4.2%. Pasadena has seen an annual compound growth rate of 1.5% for houses and 2.6% for units.