Suburb Profile Report for Whyalla Norrie SA (5608)

Whyalla Norrie House: Median price $242,500, Annual capital growth 4.69%, Number of sales 28, Weekly median advertised rent $220

Whyalla Norrie Unit: Median price $92,875, Annual capital growth 1.78%, Number of sales 21, Weekly median advertised rent $160

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

Source: CoreLogic

  • House Report
  • Unit Report

Whyalla Norrie is in the TOP 10% in SA when comparing median price capital growth over the last year. Whyalla Norrie gave property investors a very good capital gain figure when compared to the rest of the state, with 25.97%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Whyalla Norrie has increased when compared to the 5 year average annual rate.

A $220 per week rent on the median house gives suburb investors a gross yield of circa 4.72%, without taking into account capital value appreciation, which has been averaging out at 4.69%.

If you compare the increase in value of investment property in Whyalla Norrie, 5608 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -36.39%.

Whyalla Norrie,5608 has offered an average of -36.39% return per annum in house price rises to property investors over the last three years.

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 Whyalla Norrie, 5608. Typically our figures indicate that -15.38% is being offered, which puts this SA suburb at 10th most discounted overall in Australia.

Whyalla Norrie is 3rd on a list of best yielding suburbs for rents in SA with a 8.96% return

HOUSE UNIT
$242,500 $92,875
3.19% -7.13%
25.97% -36.39%
4.69% 1.78%
$220 $160
28 21
4.72% 8.96%
N/A 97.63

Source: CoreLogic

DSR Score for property investment : Balanced (U), Below average (H)
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Demographics
Total population 6712
Median household income ($/weekly) 870
Median age of persons 36
Median housing loan repayment ($/monthly) 1083
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 912 13.6
    25-34 years 852 12.7
    35-44 years 931 13.9
    45-54 years 925 13.8
    55-64 years 677 10.1
    Others 2416 36.0
    Age Group
    Census Count Percent(%)
    Not Married 2209 46.5
    Registered Married 1923 40.4
    Defacto Relationship 623 13.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 5033 79.7
    Greece 55 0.9
    Philippines 81 1.3
    United Kingdom 685 10.9
    Other 100 1.6
    Others 359 5.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 43 0.7
    Christianity 3342 57.2
    Hinduism 49 0.8
    Other Religious Groups 26 0.4
    No Religion 2369 40.5
    Others 18 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 259 10.4
    $400-$599 364 14.6
    $600-$799 288 11.6
    $800-$999 213 8.6
    $1,500-$1,999 314 12.6
    Others 1048 42.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2012 40.5
    Employed, worked full-time 1639 33.0
    Employed, worked part-time 799 16.1
    Unemployed, looking for work 287 5.8
    Employed, away from work 225 4.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 333 12.5
    Technicians & trades workers 526 19.8
    Community & personal service workers 264 9.9
    Machinery operators & drivers 448 16.8
    Labourers 395 14.9
    Others 693 26.1
    Occupation
    Census Count Percent(%)
    Pre-school 99 7.1
    Infants/Primary 627 45.1
    Secondary 369 26.6
    Technical or Further Educational Institution 175 12.6
    University or other Tertiary Institutions 94 6.8
    Others 25 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3527 56.5
    Semi-detached, row or terrace house, townhouse 2591 41.5
    Flat, unit or apartment 118 1.9
    House or flat attached to a shop, office 6 0.1
    Caravan, cabin, houseboat 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1124 42.0
    Being purchased 963 36.0
    Fully owned 583 21.8
    Other tenure type 7 0.3
    Tenure Type
Census 2011, ABS
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