Suburb Profile Report for Woodville West SA (5011)

Woodville West House: Median price $470,000, Annual capital growth 4.33%, Number of sales 82, Weekly median advertised rent $390

Woodville West Unit: Median price $359,250, Annual capital growth 6.24%, Number of sales 32, Weekly median advertised rent $340

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Woodville West has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -1.67% to date .

While Woodville West,5011 ranked number 352th in SA for increase in median house value (annualised) increase, it is ranked 197th over the last 5 years.

Property buyers and investors in Woodville West 5011 should be seeing an average reduction in asking price of around -5.33% . This means that Woodville West is holding prices well when compared to other suburbs in SA.

Residents and property investors in Woodville West have been waiting around 79.26 days to sell a property.

The SA suburb of Woodville West, 5011 is in the Charles Sturt local government area.

Property value increases in Woodville West have tracked just higher than the SA average of 3.99% over the last 12 months.

Woodville West,5011 has offered an average of 7.00% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Woodville West is offering property investors an average of -6.37. This rate of discount on properties puts Suburb at number 8th in terms of most discounted suburbs in SA

Metrics i HOUSE UNIT
$470,000 $359,250
-1.78% -0.76%
-1.67% 7.00%
4.33% 6.24%
$390 $340
82 32
4.31% 4.92%
79.26 107.07

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 2848
Median household income ($/weekly) 1033
Median age of persons 39
Median housing loan repayment ($/monthly) 1625
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 294 10.3
    25-34 years 416 14.6
    35-44 years 421 14.8
    45-54 years 397 13.9
    55-64 years 290 10.2
    Others 1030 36.2
    Age Group
    Census Count Percent(%)
    Not Married 1050 48.7
    Registered Married 968 44.9
    Defacto Relationship 139 6.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2010 72.5
    Indonesia 111 4.0
    Japan 78 2.8
    United Kingdom 102 3.7
    Other 130 4.7
    Others 342 12.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 42 1.6
    Christianity 1867 71.6
    Hinduism 51 2.0
    Islam 56 2.1
    No Religion 562 21.6
    Others 29 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 109 10.8
    $400-$599 106 10.5
    $600-$799 111 11.0
    $1,000-$1,249 112 11.1
    $1,500-$1,999 131 13.0
    Others 442 43.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 817 37.1
    Not in the labour force 815 37.0
    Employed, worked part-time 402 18.2
    Unemployed, looking for work 97 4.4
    Employed, away from work 74 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 239 18.5
    Technicians & trades workers 189 14.6
    Community & personal service workers 147 11.4
    Clerical & administrative workers 229 17.7
    Labourers 140 10.8
    Others 351 27.1
    Occupation
    Census Count Percent(%)
    Pre-school 46 8.0
    Infants/Primary 219 38.2
    Secondary 131 22.8
    Technical or Further Educational Institution 47 8.2
    University or other Tertiary Institutions 101 17.6
    Others 30 5.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2138 80.2
    Semi-detached, row or terrace house, townhouse 359 13.5
    Flat, unit or apartment 158 5.9
    House or flat attached to a shop, office 10 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 384 35.2
    Rented 370 33.9
    Fully owned 331 30.4
    Other tenure type 5 0.5
    Tenure Type
Census 2011, ABS
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