SA has seen average median house prices change by 1.39% which means that Willaston, 5118 has done well for property investors by showing a capital gain of -2.32% over the last year
Over the longer term, Willaston has seen property prices show investors a -1.50% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Willaston is offering property investors an average of -7.77. This rate of discount on properties puts Suburb at number 355th in terms of most discounted suburbs in SA
Property investors should expect to get $320 weekly from the median priced house in this suburb.
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 atmosphereFull summary
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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.Close