Suburb Profile Report for Whyalla Norrie SA (5608)

Whyalla Norrie House: Median price $235,000, Annual capital growth 5.44%, Number of sales 33, Weekly median advertised rent $225

Whyalla Norrie Unit: Median price $100,000, Annual capital growth 2.51%, Number of sales 27, Weekly median advertised rent $170

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

Source: CoreLogic

  • House Report
  • Unit Report

Whyalla Norrie has had a A very good year for property investment returns compared to the rest of SA, giving investors a capital gain of 20.51% to date .

A 2.17% growth in median value for property investors in Whyalla Norrie,5608 puts this suburb at number 45th in terms of best performing suburbs in SA

Property investors looking for a bargain in Whyalla Norrie should be aiming for at least -14.12% 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 Whyalla Norrie the average time real estate has been on the market is 176.6 days.

Investment property in Whyalla Norrie has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -31.97%

The five-year average increase in median property values for Whyalla Norrie,5608 has given property investors a potential capital gain of -33.99% across each of those five years.

The most recent median price for Whyalla Norrie is $100000, with sellers offering an average of -15.51% off the asking price.

With the median price for a house in Whyalla Norrie being $100000 and the advertised rent reaching $170 the gross rental yield for property investors calculates out to be 8.84%

HOUSE UNIT
$235,000 $100,000
7.06% -17.36%
20.51% -31.97%
5.44% 2.51%
$225 $170
33 27
4.98% 8.84%
176.6 98.41

Source: CoreLogic

DSR Score for property investment : Below average (U), Below average (H)
Find a mortgage broker in Whyalla Norrie SA
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
Chart Table
Recent sales & rentals