Woodville West is a smaller suburb in South Australia within the Charles Sturt local government area (postcode 5011). With a population of 3,854, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $87K per year, with an average household size of 2.4 people. The most common occupations are professionals, clerical & administrative, community & personal service. The top ancestries reported are English, Australian, Italian.
The median house price in Woodville West is $1.1 million, having surged 22% over the past year. The current median weekly rent is $566. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,733.
Public transport access includes 7 bus stops. The crime rate in the Charles Sturt LGA is below average at 3,684 incidents per 100,000 population.
From an investment perspective, Woodville West offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.1M/$950K). The price-to-income ratio of 12.4x is considered stretched. House prices have moved +22.0% year-on-year.
Woodville West is a smaller suburb in South Australia within the Charles Sturt local government area (postcode 5011). With a population of 3,854, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $87K per year, with an average household size of 2.4 people. The most common occupations are professionals, clerical & administrative, community & personal service. The top ancestries reported are English, Australian, Italian.
The median house price in Woodville West is $1.1 million, having surged 22% over the past year. The current median weekly rent is $566. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,733.
Public transport access includes 7 bus stops. The crime rate in the Charles Sturt LGA is below average at 3,684 incidents per 100,000 population.
From an investment perspective, Woodville West offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.1M/$950K). The price-to-income ratio of 12.4x is considered stretched. House prices have moved +22.0% year-on-year.