Suburb Profile Report for Woodville West SA (5011)

Woodville West House: Median price $476,500, Annual capital growth 5.27%, Number of sales 81, Weekly median advertised rent $383

Woodville West Unit: Median price $370,000, Annual capital growth N/A, Number of sales 26, Weekly median advertised rent $345

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 0.21% for the last 12 months, Woodville West, 5011 has performed for property investments than its average annual 5.27% property growth over the last 5 years.

Over the longer term, Woodville West has seen property prices show investors a 12.38% return over the last 3 years. This is worse than over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Woodville West is offering property investors an average of -6.55. This rate of discount on properties puts Suburb at number 311th in terms of most discounted suburbs in SA

Residents and property investors in Woodville West have been waiting around 88.48 days to sell a property.

Using the current median advertised rental of $382.5 and the average annual increase in value of a median property of 5.27%, investors should hope to achieve an overall return of 4.17%

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.

Woodville West, 5011 is offering SA ‘s 5th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this SA.

In the last year 26 properties changed hands in Woodville West, which puts it as the 79th most active market in SA when comparing the number of sales per suburb.

HOUSE UNIT
$476,500 $370,000
-1.80% 10.20%
0.21% N/A
5.27% N/A
$383 $345
81 26
4.17% 4.85%
88.48 116.9

Source: CoreLogic

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