Suburb Profile Report for Willaston SA (5118)

Willaston House: Median price $310,000, Annual capital growth 3.07%, Number of sales 91, Weekly median advertised rent $315

Willaston Unit: Median price $206,000, Annual capital growth 0.64%, Number of sales 12, Weekly median advertised rent $258

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Willaston, 5118 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this SA suburb was 6.90%.

Taking the average capital gain, or increase in median house value, Willaston,5118 has racked up an average of 6.90% over the period. This ranks it number 2676th in the whole country for real estate investors looking at median house price increases.

The most recent median price for Willaston is $310000, with sellers offering an average of -4.67% off the asking price.

At number 2357 in a list of fastest selling suburbs, Willaston is in the bottom 40% of suburbs in Australia with an average of days on market 90.64 for properties listed there.

SA has seen average median house prices change by 3.99% which means that Willaston, 5118 has done well for property investors by showing a capital gain of -1.20% over the last year

Willaston,5118 was ranked 566 in Australia by increase in median property value over the quarter.

Vendor discounting in Willaston is giving property investors an average Vendor Discount of around -5.32%. This puts suburb at number 108th in SA when ranking the most discounted suburbs.

Residents and property investors in Willaston have been waiting around 103.88 days to sell a property.

Property investors should expect to get $257.5 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$310,000 $206,000
3.33% 2.49%
6.90% -1.20%
3.07% 0.64%
$315 $258
91 12
5.28% 6.50%
90.64 103.88

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 3294
Median household income ($/weekly) 990
Median age of persons 39
Median housing loan repayment ($/monthly) 1361
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 405 12.3
    25-34 years 463 14.1
    35-44 years 425 12.9
    45-54 years 453 13.8
    55-64 years 418 12.7
    Others 1130 34.3
    Age Group
    Census Count Percent(%)
    Registered Married 1146 46.9
    Not Married 995 40.7
    Defacto Relationship 305 12.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2635 83.7
    Greece 20 0.6
    New Zealand 17 0.5
    United Kingdom 376 11.9
    Other 22 0.7
    Others 77 2.4
    Country of Birth
    Census Count Percent(%)
    Christianity 1874 64.1
    No Religion 1016 34.7
    Other Religious Groups 20 0.7
    Buddhism 12 0.4
    Islam 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 153 12.4
    $600-$799 158 12.8
    $800-$999 138 11.1
    $1,000-$1,249 136 11.0
    $1,500-$1,999 174 14.1
    Others 479 38.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1010 39.5
    Not in the labour force 888 34.7
    Employed, worked part-time 490 19.2
    Employed, away from work 91 3.6
    Unemployed, looking for work 79 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 237 14.9
    Technicians & trades workers 277 17.4
    Community & personal service workers 173 10.9
    Clerical & administrative workers 208 13.1
    Labourers 213 13.4
    Others 483 30.4
    Occupation
    Census Count Percent(%)
    Pre-school 43 6.3
    Infants/Primary 301 44.0
    Secondary 167 24.4
    Technical or Further Educational Institution 79 11.5
    University or other Tertiary Institutions 72 10.5
    Others 22 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2774 89.3
    Flat, unit or apartment 209 6.7
    Semi-detached, row or terrace house, townhouse 122 3.9
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 589 43.9
    Fully owned 387 28.9
    Rented 352 26.2
    Other tenure type 13 1.0
    Tenure Type
Census 2011, ABS
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