Waikerie is a smaller suburb in South Australia within the Loxton Waikerie local government area (postcode 5330). With a population of 2,681, the suburb has a mature demographic with a median age of 49. Households earn a median income of $50K per year, with an average household size of 2.2 people. The most common occupations are labourers, community & personal service, technicians & trades. The top ancestries reported are Australian, English, German.
Units have a median price of $268,000 (+26.7% YoY). The current median weekly rent is $300. This gives a gross rental yield of approximately 5.8%. The median monthly mortgage repayment is $1,000.
Waikerie is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 971, which is around the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Loxton Waikerie LGA is moderate at 4,028 incidents per 100,000 population.
From an investment perspective, Waikerie offers a gross rental yield of 5.8%, rated as high yield. Property prices sit below the state median ($268K/$950K), suggesting a potential value opportunity. The price-to-income ratio of 5.4x is considered affordable. House prices have moved +26.7% year-on-year.
Waikerie is a smaller suburb in South Australia within the Loxton Waikerie local government area (postcode 5330). With a population of 2,681, the suburb has a mature demographic with a median age of 49. Households earn a median income of $50K per year, with an average household size of 2.2 people. The most common occupations are labourers, community & personal service, technicians & trades. The top ancestries reported are Australian, English, German.
Units have a median price of $268,000 (+26.7% YoY). The current median weekly rent is $300. This gives a gross rental yield of approximately 5.8%. The median monthly mortgage repayment is $1,000.
Waikerie is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 971, which is around the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Loxton Waikerie LGA is moderate at 4,028 incidents per 100,000 population.
From an investment perspective, Waikerie offers a gross rental yield of 5.8%, rated as high yield. Property prices sit below the state median ($268K/$950K), suggesting a potential value opportunity. The price-to-income ratio of 5.4x is considered affordable. House prices have moved +26.7% year-on-year.