Located in South Australia within the Gawler local government area, Willaston is a compact suburb (postcode 5118). With a population of 3,458, the suburb has an established demographic with a median age of 42. Households earn a median income of $65K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.3% year-on-year at the LGA level. SA employment has moved +2.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. SA also had 23 Commonwealth-backed major projects under construction, 2 underway, and 11 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, professionals, community & personal service. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, German.
Median house prices in Willaston stand at $760,000, having grown strongly by 5.6% over the last twelve months. The current median weekly rent is $520. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,213.
Public transport access includes 13 bus stops. The crime rate in the Gawler LGA is moderate at 4,453 incidents per 100,000 population.
From an investment perspective, Willaston shows a gross rental yield of approximately 3.6%, rated as moderate yield. Property prices are near the state median ($760K/$950K). The price-to-income ratio of 11.7x is considered stretched. House prices have moved +5.6% year-on-year. Population growth of +1.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.