At number 4113th in the list of Australian suburbs ordered by increase in median house value over the last year, Whyalla Stuart, 5608 is in the BOTTOM 10% with a property value increase of -10.33% recorded in median house prices.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.76% offered to property buyers. Sellers in Whyalla Stuart itself are offering an average vendor discount of -10.71% to real estate investors.
Residents and property investors in Whyalla Stuart have been waiting around 112.38 days to sell a property.
The SA suburb of Whyalla Stuart, 5608 is in the Whyalla (C) local government area.
A suburb that is part of the “Steel City,” Whyalla Stuart is nestled in the midst of an urban area that is known for steelworks and shipbuildingFull summary
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Dwelling supply falls
Median unit price: $72,000
Stock on market: -19.1%
12-month growth: -15.3%
A suburb that is part of the “Steel City,” Whyalla Stuart is nestled in the midst of an urban area that is known for steelworks and shipbuilding.
Dwelling supply fell sharply in the year leading up to March 2018, with unit stock on the market in particular slipping from 15 to 8. This is in line with the general decline experienced throughout Whyalla Stuart – apartment values slipped by 15.3% in this period for a median price of just over $70,000, failing to break the streak of negativity recorded in the past five years.
The rental yield is remarkably high at 9.4%, although the limited potential of this suburb hurts its chances with investors. Nonetheless, the many tourist spots in the vicinity still draw in visitors.Close