If you compare the increase in value of investment property in Willaston, 5118 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 0.50%.
If we look at median property appreciation over just the last three months, Willaston has given property investors a paper return of -0.33%. This puts Suburb as 289 on a list of fastest fasting appreciating suburbs in SA
Property investors looking for a bargain in Willaston should be aiming for at least -6.97% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Willaston the average time real estate has been on the market is 105.595 days.
Willaston is 72th on a list of best yielding suburbs for rents in SA with a 5.39% return
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.