Suburb Profile Report for Whyalla Norrie SA (5608)

Whyalla Norrie House: Median price $160,000, Annual capital growth -3.87%, Number of sales 35, Weekly median advertised rent $230

Whyalla Norrie Unit: Median price $79,000, Annual capital growth -5.81%, Number of sales 38, Weekly median advertised rent $150

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

Over the last year, property investments in Whyalla Norrie, 5608 have given investors a capital gain of -21.95%. This compares very badly with the 2.14% for SA as a whole.

Comparing Whyalla Norrie,5608 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.30% offered to property buyers. Sellers in Whyalla Norrie itself are offering an average vendor discount of -11.94% to real estate investors.

Often selling an investment property can take time, and in Whyalla Norrie the average time real estate has been on the market is 150.88 days.

Renters in Suburb are facing rents around $11960 per annum or $230 every week.

At number 1449th in the list of Australian suburbs ordered by increase in median house value over the last year, Whyalla Norrie, 5608 is in the BOTTOM 20% with a property value increase of -7.06% recorded in median house prices.

If we look at median property appreciation over just the last three months, Whyalla Norrie has given property investors a paper return of -1.25%. This puts Suburb as 123 on a list of fastest fasting appreciating suburbs in SA

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Whyalla Norrie, 5608. Typically our figures indicate that -11.68% is being offered, which puts this SA suburb at 28th most discounted overall in Australia.

In the last year 38 properties changed hands in Whyalla Norrie, which puts it as the 52th most active market in SA when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $7800 per annum or $150 every week.

Metrics i HOUSE UNIT
$160,000 $79,000
-11.11% -1.25%
-21.95% -7.06%
-3.87% -5.81%
$230 $150
35 38
7.48% 9.87%
150.88 100.21

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 6712
Median household income ($/weekly) 870
Median age of persons 36
Median housing loan repayment ($/monthly) 1083
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 912 13.6
    25-34 years 852 12.7
    35-44 years 931 13.9
    45-54 years 925 13.8
    55-64 years 677 10.1
    Others 2416 36.0
    Age Group
    Census Count Percent(%)
    Not Married 2209 46.5
    Registered Married 1923 40.4
    Defacto Relationship 623 13.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 5033 79.7
    Greece 55 0.9
    Philippines 81 1.3
    United Kingdom 685 10.9
    Other 100 1.6
    Others 359 5.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 43 0.7
    Christianity 3342 57.2
    Hinduism 49 0.8
    Other Religious Groups 26 0.4
    No Religion 2369 40.5
    Others 18 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 259 10.4
    $400-$599 364 14.6
    $600-$799 288 11.6
    $800-$999 213 8.6
    $1,500-$1,999 314 12.6
    Others 1048 42.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2012 40.5
    Employed, worked full-time 1639 33.0
    Employed, worked part-time 799 16.1
    Unemployed, looking for work 287 5.8
    Employed, away from work 225 4.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 333 12.5
    Technicians & trades workers 526 19.8
    Community & personal service workers 264 9.9
    Machinery operators & drivers 448 16.8
    Labourers 395 14.9
    Others 693 26.1
    Occupation
    Census Count Percent(%)
    Pre-school 99 7.1
    Infants/Primary 627 45.1
    Secondary 369 26.6
    Technical or Further Educational Institution 175 12.6
    University or other Tertiary Institutions 94 6.8
    Others 25 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3527 56.5
    Semi-detached, row or terrace house, townhouse 2591 41.5
    Flat, unit or apartment 118 1.9
    House or flat attached to a shop, office 6 0.1
    Caravan, cabin, houseboat 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1124 42.0
    Being purchased 963 36.0
    Fully owned 583 21.8
    Other tenure type 7 0.3
    Tenure Type
Census 2011, ABS
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