Warradale

POSTAL CODE: SA, 5046

HOUSE

UNIT

A steady increase in median property prices over a five-year period in the suburb translates to a 38.06% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,173,500

The augmented property values in the suburb are trailing above the territorial average of 10.06% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $675.

Home owners selling their properties and realtors in WARRADALE usually have to wait an average of 55.8 days days before their assets are lifted off the market.

The SA suburb ranks 271st on the list of best yielding suburbs for rental properties in SA, posting a 2.99% return.

It also places places 166th in Australia based on median property value growth during the quarter.

Property investors enjoyed capital gains of 32.11% over the last 12 months in WARRADALE, translating to lower returns compared with its peers in SA.

A survey of average capital gains or median home price increase in suburbs across the country shows that WARRADALE, 5046 obtained a 8.97% growth over a ten-year period. It ranks 126th on our list of suburbs that property investors should look into.

WARRADALE, 5046 has a capital gain of 32.11% for the past year, which is higher than average compared to its 123.95% growth within a five-year period.

With the median home price in WARRADALE sitting at $720,000, and the average rent at $555, property owners could potentially earn a 4.01% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in WARRADALE are low, as opposed to average gains per annum over the past five years.

WARRADALE, 5046 in SA belongs to the local government area of Marion.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,173,500	$720,000
Growth Report
Median Quarterly	4.22%	1.41%
Median 12 month	22.24%	32.11%
Median 3 years	38.06%	38.46%
Median 5 years	97.89%	123.95%
10 years average annual	9.06%	8.97%
Weekly media advert. rent	$675	$555
Time on Market	55.8 days	28.3 days
Gross Rental Yield Percent	2.99%	4.01%

Demographics (Median Values)*

Total Population 9086

Weekly Household Income 1159

Household Size 2.20

Average Age 41

Monthly Loan Repayment 1625

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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