Property value increases in Willaston have tracked just lower than the SA average of 3.04% over the last 12 months.
Taking the average capital gain, or increase in median house value, Willaston,5118 has racked up an average of -1.72% over the period. This ranks it number 3667th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Willaston is $285000, with sellers offering an average of -5.77% off the asking price.
Residents and property investors in Willaston have been waiting around 87.5745 days to sell a property.
Situated 40.25km from the CBD, Willaston is one of Gawler (T) localities in the postcode 5118.
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Units generate considerable cash flow
Median unit price: $220,000
Five-year growth: 0.9%
Rental yield: 6.0%
A small, emerging neighbourhood situated at the gateway to the Barossa Valley, Willaston is a suburb that offers everything locals could need – but without the hustle and bustle of the city atmosphere. It’s more of a village feel here, with a range of shops, cafés and restaurants within Willaston and in nearby suburbs, and easy access to local schools.
Apartment stock here is highly affordable from an investment perspective, with a budget of around $200,000 able to secure a good quality two-bedroom unit. With a rental potential of around $250 per week, this is the type of investment that could deliver a strong positive cashflow return.
Willaston is right near the major suburb of Gawler, which has its own train station and a number of major amenities, including retail, restaurants and public transport. For residents who do commute to the city, there is Gawler train station and access to the Sturt Highway.