Willaston is in the bottom 30% in SA when comparing median price capital growth over the last year. Willaston gave property investors a disappointing capital gain figure when compared to the rest of the state, with -3.73%.
Over the longer term, Willaston has seen property prices show investors a -1.36% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Willaston should be aiming for at least -7.10% off the asking price, which is the average vendor discount being achieved at the moment.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Willaston has increased when compared to the 5 year average annual rate.
Situated 40.16km from the CBD, Willaston is one of Gawler (T) localities in the postcode 5118.
Information supplied by:
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.