Wattle Park is a small community in South Australia within the Burnside local government area (postcode 5066). With a population of 1,885, the suburb has a mature demographic with a median age of 46. Households earn a median income of $120K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Wattle Park is $2.0 million, having surged 41.4% over the past year. The current median weekly rent is $765. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,338.
Public transport access includes 9 bus stops. The crime rate in the Burnside LGA is low at 1,326 incidents per 100,000 population.
From an investment perspective, Wattle Park offers a gross rental yield of 2.0%, rated as low yield. Property prices are above the state median ($2.0M/$950K), placing it in the premium segment. The price-to-income ratio of 16.7x is considered stretched. House prices have moved +41.4% year-on-year.
Wattle Park is a small community in South Australia within the Burnside local government area (postcode 5066). With a population of 1,885, the suburb has a mature demographic with a median age of 46. Households earn a median income of $120K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Wattle Park is $2.0 million, having surged 41.4% over the past year. The current median weekly rent is $765. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,338.
Public transport access includes 9 bus stops. The crime rate in the Burnside LGA is low at 1,326 incidents per 100,000 population.
From an investment perspective, Wattle Park offers a gross rental yield of 2.0%, rated as low yield. Property prices are above the state median ($2.0M/$950K), placing it in the premium segment. The price-to-income ratio of 16.7x is considered stretched. House prices have moved +41.4% year-on-year.