Suburb Profile Report for Woodville West SA (5011)

Woodville West House: Median price $478,250, Annual capital growth 5.36%, Number of sales 81, Weekly median advertised rent $390

Woodville West Unit: Median price $373,069, Annual capital growth N/A, Number of sales 27, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report
  • Unit Report

Woodville West is an average performer in SA when comparing median price capital growth over the last year. Woodville West gave property investors a good capital gain figure when compared to the rest of the state, with 6.04%.

A 8.94% growth in median value for property investors in Woodville West,5011 puts this suburb at number 290th in terms of best performing suburbs in SA

Woodville West5011 is located in SA which offers an average discount of -6.55% to property investors. Woodville West itself is showing figures that indicate -4.68% is the average achievable by property buyers investing in the suburb.

With the median price for a house in Woodville West being $478250 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 4.24%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Woodville West has increased when compared to the 5 year average annual rate.

Sellers are offering property buyers an average discount of -9.37% to buyers in Woodville West at the moment, which is less than average for the rest of SA.

On average over the past year, suburb has had 2.25 sales per month, which equates to 27 per year.

With the median price for a house in Woodville West being $373069 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 4.60%

HOUSE UNIT
$478,250 $373,069
-0.88% -0.52%
6.04% N/A
5.36% N/A
$390 $330
81 27
4.24% 4.60%
85.36 103.81

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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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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