Suburb Profile Report for Walkerville SA (5081)

Walkerville House: Median price $1,330,000, Annual capital growth 11.99%, Number of sales 44, Weekly median advertised rent $498

Walkerville Unit: Median price $467,500, Annual capital growth 5.53%, Number of sales 26, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Investment property in Walkerville has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 40.74%

Across a shorter period, Walkerville, 5081 has seen a median price increase of 14.66% over the last quarter.

Sellers are offering property buyers an average discount of -7.53% to buyers in Walkerville at the moment, which is less than average for the rest of SA.

In the last year 44 properties changed hands in Walkerville, which puts it as the 219th most active market in SA when comparing the number of sales per suburb.

A $497.5 per week rent on the median house gives suburb investors a gross yield of circa 1.95%, without taking into account capital value appreciation, which has been averaging out at 11.99%.

If you compare the increase in value of investment property in Walkerville, 5081 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this SA suburb was 23.35%.

Over the longer term, Walkerville has seen property prices show investors a 6.01% return over the last 3 years. This is an improvement over the last 12 months

Property investors looking for a bargain in Walkerville should be aiming for at least -3.87% off the asking price, which is the average vendor discount being achieved at the moment.

A $400 per week rent on the median house gives suburb investors a gross yield of circa 4.45%, without taking into account capital value appreciation, which has been averaging out at 5.53%.

Jock Gilbert Information supplied by:

Jock Gilbert
Jock Gilbert

M 08 8364 1700
O 0418 825 222

W http://www.jockgilbert.com.au/
E jockg@jockgilbert.com.au
Walkerville is always in high demand due to its character homes so close to St Andrews School, St Peters College and Wilderness College's.

The suburb features a brilliant selection of large character Sandstone and Bluestone Villas and smaller cottages as well as new contemporary family homes. Situated in beautiful tree lined streets the area offers varying allotment sizes up to approx. 2,000sqm.

Located only 4km from the CBD and adjacent the ever popular recreational River Torrens Linear Park with various bike tracks and parks it offers a great lifestyle for all. There is also excellent shopping and transport within the area as well as the recent addition of a new shopping complex on Walkerville Terrace. Full summary
Walkerville is always in high demand due to its character homes so close to St Andrews School, St Peters College and Wilderness College's. 

The suburb features a brilliant selection of large character Sandstone and Bluestone Villas and smaller cottages as well as new contemporary family homes. Situated in beautiful tree lined streets the area offers varying allotment sizes up to approx. 2,000sqm.

Located only 4km from the CBD and adjacent the ever popular recreational River Torrens Linear Park with various bike tracks and parks it offers a great lifestyle for all. There is also excellent shopping and transport within the area as well as the recent addition of a new shopping complex on Walkerville Terrace. 

Selling points: 
- Tree lined streets
- Large Allotments
- Character Homes 
- Close the CBD
- Close to Private and Public Schools
- Close to local amenities
- Close to public transport

Most sort after properties: 
- Character homes, particularly Sandstone and Bluestone Villas.

Most common properties:  
- Sandstone Villas

Top amenities: 
- Walkerville Shopping Centre
- Local strips of Coffee outlets

Best streets: 
- Burlington Street
- St Andrews Street
- Church Terrace

Public transport: 
 The O-Bahn and public buses can be easily accessed along the main arterial roads listed below and along Smith Street, Walkerville Terrace, Lansdowne Terrace and North East Road.Close
HOUSE UNIT
$1,330,000 $467,500
14.66% 0.21%
40.74% 23.35%
11.99% 5.53%
$498 $400
44 26
1.95% 4.45%
100.65 65.66

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Walkerville SA
Demographics
Total population 2354
Median household income ($/weekly) 1388
Median age of persons 48
Median housing loan repayment ($/monthly) 2250
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 235 10.0
    35-44 years 255 10.8
    45-54 years 301 12.8
    55-64 years 329 14.0
    65-74 years 262 11.1
    Others 972 41.3
    Age Group
    Census Count Percent(%)
    Registered Married 847 49.1
    Not Married 779 45.1
    Defacto Relationship 100 5.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1646 72.8
    Indonesia 51 2.3
    Malta 35 1.5
    United Kingdom 201 8.9
    Other 79 3.5
    Others 248 11.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 47 2.2
    Christianity 1513 70.1
    Hinduism 46 2.1
    Islam 16 0.7
    No Religion 517 24.0
    Others 19 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 75 8.9
    $400-$599 80 9.5
    $1,500-$1,999 94 11.1
    $2,500-$2,999 98 11.6
    $4,000 or more 83 9.8
    Others 414 49.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 848 43.8
    Employed, worked full-time 620 32.0
    Employed, worked part-time 374 19.3
    Employed, away from work 54 2.8
    Unemployed, looking for work 41 2.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 183 17.6
    Professionals 395 37.9
    Community & personal service workers 100 9.6
    Clerical & administrative workers 135 13.0
    Sales 86 8.3
    Others 142 13.6
    Occupation
    Census Count Percent(%)
    Pre-school 30 5.3
    Infants/Primary 184 32.7
    Secondary 122 21.7
    Technical or Further Educational Institution 31 5.5
    University or other Tertiary Institutions 181 32.1
    Others 15 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1563 75.5
    Flat, unit or apartment 289 14.0
    Semi-detached, row or terrace house, townhouse 212 10.2
    House or flat attached to a shop, office 7 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 368 40.5
    Rented 299 32.9
    Being purchased 210 23.1
    Other tenure type 31 3.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals