Whyalla Stuart, 5608 ranked 18th in SA when comparing growth in median property values or capital gain over the last 12 months. Whyalla Stuart is one of 853 in our list for SA
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Whyalla Stuart has fallen somewhat when compared to the 5 year average annual rate.
Property buyers and investors in Whyalla Stuart 5608 should be seeing an average reduction in asking price of around -16.39% . This means that Whyalla Stuart is holding prices well when compared to other suburbs in SA.
Situated 233.33km from the CBD, Whyalla Stuart is one of Whyalla localities in the postcode 5608.
Whyalla Stuart, 5608 ranked 183th in SA when comparing growth in median property values or capital gain over the last 12 months. Whyalla Stuart is one of 853 in our list for SA
A -43.43% growth in median value for property investors in Whyalla Stuart,5608 puts this suburb at number 140th in terms of best performing suburbs in SA
Property buyers and investors in Whyalla Stuart 5608 should be seeing an average reduction in asking price of around -8.11% . This means that Whyalla Stuart is holding prices well when compared to other suburbs in SA.
Residents and property investors in Whyalla Stuart have been waiting around 80.62 days to sell a property.
Whyalla Stuart, 5608’s gross rental yield is 10.03%
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June 2018
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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
Dwelling supply falls
Postcode: 5608
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.
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