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Saddleworth

POSTAL CODE: SA, 5413
HOUSE

Property investors have seen a -4.63% drop in SADDLEWORTH based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains SADDLEWORTH, 5413 saw average growth in the long term.

The SA suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $391,000

Profits averaged 0% per annum over a 3-year period, due to an upward trend in home prices in SADDLEWORTH, 5413.

This means, real estate investors could earn a rental income of N/A based on current median home prices for the suburb.

The gross rental yield in SADDLEWORTH, 5413 is N/A.

An average of 0.92 real estate transactions take place per month in SADDLEWORTH which translates to 11 per annum.

Surburb overview

Saddleworth, a small rural town located approximately 110 kilometres north of Adelaide, lies within South Australia's scenic Clare and Gilbert Valleys region. With a population of around 500 people, Saddleworth offers a quiet and close-knit community lifestyle. The town serves as a hub for the surrounding agricultural areas, primarily focusing on farming and viticulture, which play a significant role in the local economy.

Public transportation in Saddleworth is limited, with most residents relying on private vehicles for commuting and daily travel. The town is well-connected by major roads, making it easy to access nearby regional centres such as Clare and Kapunda, which provide additional services and amenities. For those travelling to Adelaide, Saddleworth is conveniently located along the Horrocks Highway, offering a direct route to the city.

Saddleworth has essential services that cater to the needs of its residents, including a general store, post office, and a local primary school. For secondary education and more extensive shopping options, residents typically travel to nearby towns like Riverton or Clare. Healthcare services are available locally through a small medical clinic, with larger hospitals located in regional centres such as Clare and Gawler.

Recreational activities in Saddleworth revolve around its rural charm and natural surroundings. The town is surrounded by scenic countryside, providing opportunities for outdoor activities such as hiking, cycling, and exploring the nearby Clare Valley wine region. Saddleworth also has a community-run sports complex and a local bowling club, fostering a strong sense of community and providing spaces for social gatherings and sporting events. The nearby Gilbert River adds to the natural beauty of the area and offers a tranquil setting for relaxation.

With its peaceful rural setting, essential services, and proximity to the renowned Clare Valley, Saddleworth provides an ideal lifestyle for those seeking a quiet, country environment with access to both nature and regional amenities.

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