Suburb Profile Report for Willaston SA (5118)

Willaston House: Median price $312,250, Annual capital growth 2.85%, Number of sales 96, Weekly median advertised rent $315

Willaston Unit: Median price $207,000, Annual capital growth 2.62%, Number of sales 13, Weekly median advertised rent $255

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

Source: CoreLogic

  • House Report
  • Unit Report

Willaston is in the TOP 30% in SA when comparing median price capital growth over the last year. Willaston gave property investors a good capital gain figure when compared to the rest of the state, with 7.67%.

When looking at the potential capital gains offered to property investors over the last 3 years, Willaston comes in at number 193th in SA.

The most recent median price for Willaston is $312250, with sellers offering an average of -4.25% off the asking price.

Property investors should expect to get $315 weekly from the median priced house in this suburb.

Investment property in Willaston has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.10%

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.40% offered to property buyers. Sellers in Willaston itself are offering an average vendor discount of -4.73% to real estate investors.

With the median price for a house in Willaston being $207000 and the advertised rent reaching $255 the gross rental yield for property investors calculates out to be 6.41%

Metrics i HOUSE UNIT
$312,250 $207,000
1.38% N/A
7.67% 2.10%
2.85% 2.62%
$315 $255
96 13
5.25% 6.41%
85.54 103.12

Source: CoreLogic

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