Wayville suburb profile
Wayville is a charming suburb located just 2km south of Adelaide's CBD, known for its blend of historic charm and modern conveniences. This suburb is home to the Adelaide Showground, a hub for events and exhibitions, adding vibrancy to the area. Wayville offers a mix of character homes and contemporary apartments, appealing to a diverse range of residents. With its tree-lined streets, parks, and proximity to the city, it provides a peaceful yet connected lifestyle. The suburb's excellent public transport links and local amenities make it a desirable location for professionals and families alike.
Wayville property market performance
Current median dwelling price$961,250Past 3 months
Property growth+19.7%Past 12 months
Wayville’s property market has shown a notable divergence in performance over the past 12 months. While house values have remained stable with no change, unit values have surged by 31.1%, indicating a strong demand for units in the area. Despite this, both houses and units have seen limited sales activity, with only 4 of each sold in the past year.
The time properties spend on the market varies significantly, with houses taking a median of 54 days to sell, while units linger for 98 days, suggesting a slower pace in the unit market despite the price increase.
The rental market in Wayville has experienced growth, with house rents increasing by 7.1% and unit rents by 10% over the last 12 months, reflecting a healthy demand for rental properties in the suburb.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | N/A | N/A |
Change in value Past 12 months | 3.0% | 36.5% |
Sold Past 3 months | 6 | 5 |
Median days on market Past 12 months | 54 | 101 |
Average rent Past 12 months | $650 | $550 |
Change in rent Past 12 months | 3.2% | 10.0% |
5 year median price trend for houses and units
Wayville demographics
Wayville, a charming suburb located just a few kilometers south of Adelaide's city center, offers a blend of urban convenience and suburban tranquility. With a population of 1,922, Wayville is a close-knit community that appeals to a diverse range of residents, from young families to professionals and retirees. The median age of 38 suggests a mature community, with many residents enjoying the balance of city access and a quieter lifestyle.
The suburb's housing landscape is varied, with a significant portion of properties being rented, accounting for 46.6% of the housing market. This high rental rate indicates Wayville's appeal to those seeking flexible living arrangements, including young professionals and families. Meanwhile, 29.2% of homes are owned outright, and 24.2% are owned with a mortgage, reflecting a stable community with a mix of long-term residents and new homeowners.
Family dynamics in Wayville are diverse, with 40% of families being couples with children and 46% being couples without children. This balance highlights the suburb's appeal to both growing families and those who prefer a quieter household. The presence of one-parent families, making up 12.5% of the community, adds to the suburb's inclusive and supportive environment. With its proximity to Adelaide's amenities and its own local charm, Wayville offers a desirable lifestyle for those seeking a harmonious blend of city and suburban living.
Suburbs near Wayville
Some popular suburbs near Wayville include:
How does Wayville compare to nearby suburbs?
- Median house prices: Wayville’s median house price is 13.5% lower than Goodwood’s.
- House price growth: Over the past 12 months, house prices in Wayville have grown 51.1% higher than in Forestville.
- Unit price growth: Over the past 12 months, unit prices in Wayville have grown 38.9% higher than in Hyde Park.
- Selling speed for houses: Properties in Wayville are selling 21.7% faster than in Goodwood.
- Selling speed for units: Properties in nearby Keswick are selling 56.4% faster than in Wayville.
- Investment considerations: In Wayville, the rental yield for house is 2.8% higher than the Adelaide average, while the rental yield for units is 12.0% higher.
- House price growth: Over the past 12 months, house prices in Wayville have grown 53.7% higher than the average rate of growth across Adelaide.
- Unit price growth:Over the past 12 months, unit prices in Wayville have grown 25.5% higher than the average rate of growth for units across Adelaide.

