Welland is a small community in South Australia within the Charles Sturt local government area (postcode 5007). With a population of 881, the suburb has an established demographic with a median age of 42. Households earn a median income of $76K per year, with an average household size of 2.4 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Greek.
The median house price in Welland is $1.8 million, having surged 14.8% over the past year. The current median weekly rent is $518. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $1,767.
Public transport access includes 4 bus stops. The crime rate in the Charles Sturt LGA is higher than average at 20,318 incidents per 100,000 population.
From an investment perspective, Welland offers a gross rental yield of 1.5%, rated as low yield. Property prices are above the state median ($1.8M/$950K), placing it in the premium segment. The price-to-income ratio of 22.9x is considered stretched. House prices have moved +14.8% year-on-year.
Welland is a small community in South Australia within the Charles Sturt local government area (postcode 5007). With a population of 881, the suburb has an established demographic with a median age of 42. Households earn a median income of $76K per year, with an average household size of 2.4 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Greek.
The median house price in Welland is $1.8 million, having surged 14.8% over the past year. The current median weekly rent is $518. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $1,767.
Public transport access includes 4 bus stops. The crime rate in the Charles Sturt LGA is higher than average at 20,318 incidents per 100,000 population.
From an investment perspective, Welland offers a gross rental yield of 1.5%, rated as low yield. Property prices are above the state median ($1.8M/$950K), placing it in the premium segment. The price-to-income ratio of 22.9x is considered stretched. House prices have moved +14.8% year-on-year.