Suburb Profile Report for Whyalla SA (5600)

Whyalla House: Median price $289,235, Annual capital growth 1.18%, Number of sales 46, Weekly median advertised rent $270

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

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

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Giving property investors a an average capital gain of 4.23% for the last year, Whyalla, 5600 is the 2021th highest performer in Australia in this respect.

Taking the average capital gain, or increase in median house value, Whyalla,5600 has racked up an average of 4.23% over the period. This ranks it number 114th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Whyalla 5600 should be seeing an average reduction in asking price of around -7.46% . This means that Whyalla is holding prices well when compared to other suburbs in SA.

Often selling an investment property can take time, and in Whyalla the average time real estate has been on the market is 73.303 days.

Renters in Suburb are facing rents around $14040 per annum or $270 every week.

Information supplied by:


January 2019

M
O

W
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Housing supply takes a sharp dip

Postcode: 5600

Median house price: $250,000

Stock on market: -29.6%

12-month growth: 19.8%

With a population of around 3,500 people, the suburb of Whyalla is part of the larger town of Whyalla, a dynamic community located almost 400km from Adelaide, on the east coast of the Eyre Peninsula.

Whyalla is an industrial and farming town set on a major shipping port and the town offers a number of facilities, including half a dozen primary schools, four high schools, a TAFE and a campus for the University of South Australia.

From an investment perspective, the main thing going for this town is its affordability. Boasting low house and unit prices and high yields, the numbers are attractive to potential landlords. However, those considering this market should keep in mind the potential for vacancy rates to chew through their rental income; vacancies can creep up in regional towns and cities, making them slightly riskier than their capital city counterparts.

Metrics i HOUSE UNIT
$289,235 N/A
-6.70% N/A
4.23% N/A
1.18% N/A
$270 N/A
46 N/A
4.85% N/A
73.3030303030303 N/A

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

DSR Score for property investment : Above average (H), Below average (U)
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Demographics
Total population 3732
Median household income ($/weekly) 1324
Median age of persons 41
Median housing loan repayment ($/monthly) 1517
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 482 12.9
    25-34 years 353 9.5
    35-44 years 608 16.3
    45-54 years 588 15.8
    55-64 years 458 12.3
    Others 1243 33.3
    Age Group
    Census Count Percent(%)
    Registered Married 1335 50.2
    Not Married 1037 39.0
    Defacto Relationship 287 10.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 2766 78.5
    Greece 34 1.0
    South Africa 60 1.7
    United Kingdom 410 11.6
    Other 75 2.1
    Others 180 5.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 16 0.5
    Christianity 2173 65.4
    Hinduism 14 0.4
    Other Religious Groups 14 0.4
    No Religion 1096 33.0
    Others 8 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 122 9.3
    $600-$799 128 9.7
    $1,500-$1,999 165 12.6
    $2,000-$2,499 115 8.8
    $2,500-$2,999 134 10.2
    Others 650 49.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1196 41.7
    Not in the labour force 978 34.1
    Employed, worked part-time 502 17.5
    Employed, away from work 114 4.0
    Unemployed, looking for work 78 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 220 12.1
    Professionals 381 21.0
    Technicians & trades workers 333 18.4
    Clerical & administrative workers 206 11.4
    Machinery operators & drivers 204 11.3
    Others 468 25.8
    Occupation
    Census Count Percent(%)
    Pre-school 40 4.9
    Infants/Primary 353 43.5
    Secondary 245 30.2
    Technical or Further Educational Institution 87 10.7
    University or other Tertiary Institutions 74 9.1
    Others 13 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2778 82.4
    Semi-detached, row or terrace house, townhouse 421 12.5
    Flat, unit or apartment 144 4.3
    Caravan, cabin, houseboat 23 0.7
    House or flat attached to a shop, office 6 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 534 37.4
    Fully owned 448 31.4
    Rented 434 30.4
    Other tenure type 10 0.7
    Tenure Type
Census 2011, ABS
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