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Wattle Park, SA 5066

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketStrong Growth

Median House

$1,910,000

market range $1M-$2.1M

Median Unit

$975,000

list-price estimate

Gross Yield (houses)

2.5%

1yr Growth (houses)

+8.5%

market range +2.5% to +25.0%

Investment snapshot for Wattle Park

Wattle Park has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Wattle Park market and investor summary

Wattle Park (SA 5066) runs a median house price of $1.9M, with houses yielding a gross 2.5%. House prices have moved +8.5% over the past year and +53.7% over three years. At 1.2% vacancy, it is a tight rental market that favours landlords.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.5% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.2% and a resident base that is not shrinking.

Living in Wattle Park: people, income and schools

Wattle Park is home to around 1,885 people, a number that has held fairly steady over five years. The median age is 46, skewed a little older, and 85% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

Households here earn a median of about $120,000 a year, or roughly $2,310 a week. On socio-economic measures it ranks among the most advantaged in the country (10 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 15.9 times local household income, so affordability is a genuine constraint on local buyers.

There are 31 schools within about 5km, and they test well above the national school average on ICSEA, a draw for education-focused families. It is roughly 7.1 km from the CBD. It is fairly car-dependent; the suburb scores 49 for walkability and 4 for transit out of 100. Fixed broadband is delivered over the NBN's Hybrid Fibre Coaxial (HFC).

Population
1,885
+4% over 5yr
Median age
46 years
Median household income
$120,000/yr
Households renting
10%
Family households
81%
Socio-economic rank
10/10
ABS advantage index
Schools within 5km
31
avg ICSEA 1120
Unemployment
1.9%
Distance to CBD
7.1 km
Walk score
49/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Wattle Park

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Frequently asked questions about Wattle Park

What should I check before investing in Wattle Park?

Wattle Park has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +8.5% in the past year shows strong recent price momentum. 3-year capital growth of +53.7% shows sustained momentum, not just a single-year spike. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Wattle Park?

The median property price in Wattle Park, SA 5066 is $1.9M for houses.

What rental yield does Wattle Park show?

The gross rental yield in Wattle Park is 2.5% for houses and 2.5% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Wattle Park?

House prices in Wattle Park are up 8.5% over the past year and up 53.7% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Wattle Park?

The current vacancy rate in Wattle Park is 1.2%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Wattle Park?

Wattle Park has a population of approximately 1,885 residents, with a median age of 46.

What schools are near Wattle Park?

There are 31 schools within roughly 5km of Wattle Park. Their average ICSEA sits well above the national mean of 1000, which points to a more advantaged school catchment. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Wattle Park affordable to buy in?

A median house in Wattle Park costs about 15.9 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Wattle Park's population growing?

The population of Wattle Park has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Wattle Park from the CBD?

Wattle Park is about 7.1 km from the CBD.

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