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Pasadena, SA 5042

Home » SA Real Estate Data » City of Mitcham, SA » Pasadena, SA 5042

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Pasadena, SA 5042 located in Adelaide to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Pasadena, SA 5042”

  1. The total adult population (15 years or older) of Pasadena 5042 SA is 2,675, with a median age of 49. Of those, 51.70% are married, 10.50% are divorced or separated, 28.11% are single and 9.68% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $7,652. The median monthly mortgage repayment for households in this suburb is $1,733 which is 22.65% of their earnings.

    Source: ABS Census Data (2021)

  2. The picturesque suburb of Pasadena 5042, located in South Australia is home to an estimated 1,541 households. Following 2023’s third quarter, Pasadena’s housing market was shown to present some compelling attributes. Average house prices sat at a considerable $916,588, with the median weekly rent costing tenants $510. This steep cost of living is balanced by an indicative yield of about 2.89%, crucially falling just a bit short of the ideal 3% minimum market requirement for cashflow-centric property investors.

    Pasadena boasts a robust socio-economic score, with an IRSAD of 1,026 out of 1,217. This shows that residents typically enjoy favourable economic opportunities, with access to adequate resources, and a healthy income standard that reflects the affluent character of Pasadena.

    Furthermore, the area’s renter to owner ratio is at an attractive 18%, well below the preferred ceiling of 30%, showcasing a stable market that is not overpopulated by rental properties, maintaining an inviting neighbourhood ambiance. Additionally, units make up just a mere 16% of total housing, indicating potentially less competition among landlords, as well as a generally longer tenancy period from family-oriented demographics.

    The required years to fully own a property in Pasadena, according to the affordability index, is relatively high, standing at 47 years. This highlights the upscale nature of the suburb, confirming it as an area characterised by high-end properties.

    Looking at supply metrics, the stock on market Percentage and the Building Approval Ratio suggest a favourable property landscape, both falling well within the optimal range at 0.4% and 1.29% respectively, providing an accessibly low supply that is desirable for potential investors.

    On the demand side, houses typically spend a mere 8 days on the market, showcasing a high interest in the suburb’s properties. This is further supported by a low vacancy rate of 0.7%, implying a very high demand for housing in the area. Similarly, the buy search index for houses rests at a neutral 5, indicating that search interest aligns comfortably with state averages.

    As a potential property investor, Pasadena 5042 presents several appealing markers in its property market condition, although the higher than average years to own should be considered. The Relative Composite Score developed by HtAG Analytics can provide a more holistic picture, by automating the research through the use of over 80 metrics.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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