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Westbourne Park, SA 5041
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$2,240,000
market range $1.0M-$2.4M
Median Unit
$580,000
market range $550K-$675K
Gross Yield (houses)
1.6%
1yr Growth (houses)
+7.2%
market range +5.0% to +17.5%
Investment snapshot for Westbourne Park
Westbourne Park has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Westbourne Park market and investor summary
Westbourne Park (SA 5041) runs a median house price of $2.2M, with houses yielding a gross 1.6%. House prices have moved +7.2% over the past year and +44.8% over three years. At 0.7% 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 1.6% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 0.7% and a resident base that is not shrinking. Houses also take time to sell, around 65 days on market, so plan for a slower exit if you ever need one.
Living in Westbourne Park: people, income and schools
Westbourne Park is home to around 2,564 people, a number that has held fairly steady over five years. The median age is 44, skewed a little older, and 76% 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 $113,000 a year, or roughly $2,160 a week. On socio-economic measures it ranks among the most advantaged in the country (9 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 19.9 times local household income, so affordability is a genuine constraint on local buyers.
There are 62 schools within about 5km, testing a little above the national school average on ICSEA. It is roughly 4.8 km from the CBD. Some errands can be done on foot, though a car still helps; the suburb scores 53 for walkability and 7 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.
- Population
- 2,564
- +2% over 5yr
- Median age
- 44 years
- Median household income
- $113,000/yr
- Households renting
- 22%
- Family households
- 74%
- Socio-economic rank
- 9/10
- ABS advantage index
- Schools within 5km
- 62
- avg ICSEA 1083
- Unemployment
- 1.7%
- Distance to CBD
- 4.8 km
- Walk score
- 53/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Westbourne Park
View all →Frequently asked questions about Westbourne Park
What should I check before investing in Westbourne Park?
Westbourne Park has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.8% gives a usable rent-to-price starting point. Capital growth of +7.2% in the past year shows positive recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Westbourne Park?
The median property price in Westbourne Park, SA 5041 is $2.2M for houses and $580K for units.
What rental yield does Westbourne Park show?
The gross rental yield in Westbourne Park is 1.6% for houses and 4.8% 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 Westbourne Park?
House prices in Westbourne Park are up 7.2% over the past year and up 44.8% 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 Westbourne Park?
The current vacancy rate in Westbourne Park is 0.7%. 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 Westbourne Park?
Westbourne Park has a population of approximately 2,564 residents, with a median age of 44.
What schools are near Westbourne Park?
There are 62 schools within roughly 5km of Westbourne Park. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Westbourne Park affordable to buy in?
A median house in Westbourne Park costs about 19.9 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 Westbourne Park's population growing?
The population of Westbourne Park has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Westbourne Park from the CBD?
Westbourne Park is about 4.8 km from the CBD.
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