Woodforde is a small community in South Australia within the Adelaide Hills local government area (postcode 5072). With a population of 1,024, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $114K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Chinese.
The median house price in Woodforde is $1.2 million, having grown strongly 7.2% over the past year. The current median weekly rent is $636. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,167.
Woodforde is served by 1 school, including 1 combined. The average ICSEA score is 1064, which is above the national average of 1,000. Public transport access includes 5 bus stops. The crime rate in the Adelaide Hills LGA is below average at 2,832 incidents per 100,000 population.
From an investment perspective, Woodforde offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.2M/$950K). The price-to-income ratio of 10.4x is considered stretched. House prices have moved +7.2% year-on-year.
Woodforde is a small community in South Australia within the Adelaide Hills local government area (postcode 5072). With a population of 1,024, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $114K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Chinese.
The median house price in Woodforde is $1.2 million, having grown strongly 7.2% over the past year. The current median weekly rent is $636. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,167.
Woodforde is served by 1 school, including 1 combined. The average ICSEA score is 1064, which is above the national average of 1,000. Public transport access includes 5 bus stops. The crime rate in the Adelaide Hills LGA is below average at 2,832 incidents per 100,000 population.
From an investment perspective, Woodforde offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.2M/$950K). The price-to-income ratio of 10.4x is considered stretched. House prices have moved +7.2% year-on-year.