NAIRNE ranks 127th in SA when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of -3.75% for the past year is lower than average compared to its 9.41% growth within a five-year period.
Also in NAIRNE, the median home price is sitting at $372,000, and the average rent at $350, this suggests property owners could potentially earn a 4.89% increase in gross rental yield.
Property investors have seen a -3.38% drop in NAIRNE based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 2.18% growth over a ten-year period. It ranks 2875th on our list of suburbs that property investors should look into.