Suburb Profile Report for Wallaroo SA (5556)

Wallaroo House: Median price $260,000, Annual capital growth 4.57%, Number of sales 82, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Wallaroo, 5556 have given investors a capital gain of 0.97%. This compares badly with the 2.92% for SA as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, Wallaroo comes in at number 238th in SA.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Wallaroo, 5556. Typically our figures indicate that -8.69% is being offered, which puts this SA suburb at 611th most discounted overall in Australia.

A $260 per week rent on the median house gives suburb investors a gross yield of circa 5.20%, without taking into account capital value appreciation, which has been averaging out at 4.57%.

Metrics i HOUSE UNIT
$260,000 N/A
0.00% N/A
0.97% N/A
4.57% N/A
$260 N/A
82 N/A
5.20% N/A
143.39 N/A

Source: CoreLogic

DSR Score for property investment : Below average (U), Balanced (H)
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Demographics
Total population 3225
Median household income ($/weekly) 700
Median age of persons 50
Median housing loan repayment ($/monthly) 1083
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 306 9.5
    35-44 years 330 10.2
    45-54 years 472 14.6
    55-64 years 547 17.0
    65-74 years 501 15.5
    Others 1070 33.2
    Age Group
    Census Count Percent(%)
    Registered Married 1238 50.1
    Not Married 966 39.1
    Defacto Relationship 267 10.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 2796 91.0
    New Zealand 18 0.6
    Papua New Guinea 23 0.7
    United Kingdom 162 5.3
    Other 22 0.7
    Others 51 1.7
    Country of Birth
    Census Count Percent(%)
    Christianity 1918 65.7
    No Religion 996 34.1
    Buddhism 4 0.1
    Other Religious Groups 3 0.1
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 175 14.1
    $400-$599 252 20.3
    $600-$799 202 16.3
    $800-$999 139 11.2
    $1,000-$1,249 102 8.2
    Others 371 29.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1431 54.7
    Employed, worked full-time 568 21.7
    Employed, worked part-time 435 16.6
    Unemployed, looking for work 107 4.1
    Employed, away from work 75 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 129 12.0
    Technicians & trades workers 147 13.7
    Community & personal service workers 130 12.1
    Sales 128 11.9
    Labourers 195 18.1
    Others 347 32.2
    Occupation
    Census Count Percent(%)
    Pre-school 26 5.5
    Infants/Primary 219 45.9
    Secondary 146 30.6
    Technical or Further Educational Institution 53 11.1
    University or other Tertiary Institutions 18 3.8
    Others 15 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2782 92.0
    Semi-detached, row or terrace house, townhouse 170 5.6
    Flat, unit or apartment 66 2.2
    Caravan, cabin, houseboat 3 0.1
    Improvised home, tent, sleepers out 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 596 44.0
    Rented 448 33.0
    Being purchased 300 22.1
    Other tenure type 12 0.9
    Tenure Type
Census 2011, ABS
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