Suburb Profile Report for Walkerville SA (5081)

Walkerville House: Median price $1,273,000, Annual capital growth 7.91%, Number of sales 45, Weekly median advertised rent $480

Walkerville Unit: Median price $485,000, Annual capital growth 6.10%, Number of sales 22, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Property investors who have had real estate in Walkerville, 5081 should be pleased with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 28.59%

Taking the average capital gain, or increase in median house value, Walkerville,5081 has racked up an average of 28.59% over the period. This ranks it number 1317th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Walkerville is offering property investors an average of -6.55. This rate of discount on properties puts Suburb at number 37th in terms of most discounted suburbs in SA

In the last year 45 properties changed hands in Walkerville, which puts it as the 209th most active market in SA when comparing the number of sales per suburb.

Advertised rents are around the $480 mark per week – giving a return of 1.96% based on the median price in Suburb

Giving property investors a a solid capital gain of 15.34% for the last year, Walkerville, 5081 is the 196th highest performer in Australia in this respect.

If we look at median property appreciation over just the last three months, Walkerville has given property investors a paper return of 5.78%. This puts Suburb as 37 on a list of fastest fasting appreciating suburbs in SA

Property investors looking for a bargain in Walkerville should be aiming for at least -4.49% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Walkerville the average time real estate has been on the market is 64.84 days.

Using the current median advertised rental of $400 and the average annual increase in value of a median property of 6.10%, investors should hope to achieve an overall return of 4.29%

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
$1,273,000 $485,000
9.74% 5.78%
28.59% 15.34%
7.91% 6.10%
$480 $400
45 22
1.96% 4.29%
99.73 64.84

Source: CoreLogic

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