Suburb Profile Report for Whyalla Norrie SA (5608)

Whyalla Norrie House: Median price $235,000, Annual capital growth 5.95%, Number of sales 29, Weekly median advertised rent $250

Whyalla Norrie Unit: Median price $113,500, Annual capital growth 4.27%, Number of sales 31, Weekly median advertised rent $180

  • 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 Whyalla Norrie, 5608 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this SA suburb was 13.53%.

Over the longer term, Whyalla Norrie has seen property prices show investors a 2.17% return over the last 3 years. This is an improvement over the last 12 months

Whyalla Norrie5608 is located in SA which offers an average discount of -6.54% to property investors. Whyalla Norrie itself is showing figures that indicate -14.28% is the average achievable by property buyers investing in the suburb.

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 -26.77%

If we look at median property appreciation over just the last three months, Whyalla Norrie has given property investors a paper return of -15.93%. This puts Suburb as 167 on a list of fastest fasting appreciating suburbs in SA

Whyalla Norrie, 5608 is offering SA ‘s 2nd most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this SA.

Advertised rents are around the $180 mark per week – giving a return of 8.25% based on the median price in Suburb

HOUSE UNIT
$235,000 $113,500
17.50% -15.93%
13.53% -26.77%
5.95% 4.27%
$250 $180
29 31
5.53% 8.25%
165.9 136.14

Source: CoreLogic

DSR Score for property investment : Poor (H), Balanced (U)
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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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