Suburb Profile Report for Walkley Heights SA (5098)

Walkley Heights House: Median price $580,000, Annual capital growth 3.22%, Number of sales 25, Weekly median advertised rent $409

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

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

If you compare the increase in value of investment property in Walkley Heights, 5098 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this SA suburb was 1.75%.

If we look at median property appreciation over just the last three months, Walkley Heights has given property investors a paper return of 9.64%. This puts Suburb as 20 on a list of fastest fasting appreciating suburbs in SA

Property investors looking for a bargain in Walkley Heights should be aiming for at least -5.51% off the asking price, which is the average vendor discount being achieved at the moment.

Walkley Heights, 5098’s gross rental yield is 3.67%

Metrics i HOUSE UNIT
$580,000 N/A
9.64% N/A
1.75% N/A
3.22% N/A
$409 N/A
25 N/A
3.67% N/A
56.304347826087 N/A

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 3507
Median household income ($/weekly) 1364
Median age of persons 37
Median housing loan repayment ($/monthly) 1733
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 470 13.4
    25-34 years 453 12.9
    35-44 years 604 17.2
    45-54 years 382 10.9
    55-64 years 339 9.7
    Others 1259 35.9
    Age Group
    Census Count Percent(%)
    Registered Married 1494 59.0
    Not Married 831 32.8
    Defacto Relationship 207 8.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2492 72.8
    Indonesia 55 1.6
    United Kingdom 257 7.5
    Viet Nam 62 1.8
    Other 154 4.5
    Others 403 11.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 137 4.2
    Christianity 2150 66.0
    Hinduism 29 0.9
    Islam 110 3.4
    No Religion 806 24.7
    Others 25 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 114 10.2
    $800-$999 99 8.9
    $1,250-$1,499 99 8.9
    $1,500-$1,999 188 16.8
    $2,000-$2,499 112 10.0
    Others 506 45.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1061 39.9
    Not in the labour force 970 36.5
    Employed, worked part-time 462 17.4
    Employed, away from work 102 3.8
    Unemployed, looking for work 64 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 191 11.7
    Professionals 350 21.5
    Technicians & trades workers 219 13.5
    Clerical & administrative workers 286 17.6
    Sales 150 9.2
    Others 431 26.5
    Occupation
    Census Count Percent(%)
    Pre-school 65 8.0
    Infants/Primary 348 42.7
    Secondary 197 24.2
    Technical or Further Educational Institution 63 7.7
    University or other Tertiary Institutions 117 14.4
    Others 25 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3038 90.7
    Semi-detached, row or terrace house, townhouse 264 7.9
    Flat, unit or apartment 46 1.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 608 51.3
    Fully owned 315 26.6
    Rented 171 14.4
    Other tenure type 91 7.7
    Tenure Type
Census 2011, ABS
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