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Welland suburb profile

Welland is a charming suburb located just 5km northwest of Adelaide's CBD, offering a blend of residential and commercial appeal. Known for its convenient location, Welland provides easy access to the city while maintaining a peaceful suburban atmosphere. The suburb features a mix of character homes and modern developments, attracting families and professionals alike. Welland is home to several parks and recreational areas, providing ample opportunities for outdoor activities. Its proximity to shopping centres, schools, and public transport enhances its appeal as a convenient and desirable place to live.

Welland property market performance

Welland's property market has shown little movement in terms of property values over the past 12 months, with both house and unit prices remaining unchanged. The median house price and unit price are currently at $0, indicating a lack of recent sales data or market activity. Over the past year, only 4 houses have been sold, with no units changing hands, reflecting limited sales activity in the area.

The rental market in Welland, however, has seen some activity, particularly for houses. The average rent for houses has increased by 10.5% over the last 12 months, reaching $663, suggesting a rise in demand for rental properties. In contrast, the unit rental market has remained stagnant, with no change in average rent prices.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
13.8%N/A
Sold
Past 3 months
5N/A
Median days on market
Past 12 months
N/AN/A
Average rent
Past 12 months
$650N/A
Change in rent
Past 12 months
8.3%N/A

5 year median price trend for houses and units

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Welland demographics

Welland, a quaint suburb located in Adelaide, South Australia, offers a serene and family-friendly environment. With a population of just 881, it provides a close-knit community feel, ideal for those seeking a quieter lifestyle. The median age of 42 suggests a mature population, with many residents likely to be established professionals or families who appreciate the suburb's peaceful ambiance and proximity to the city.

The suburb's housing landscape is diverse, with a significant portion of properties owned outright (37.1%), indicating a stable and settled community. Additionally, 29.9% of homes are owned with a mortgage, while 33% are rented, offering a balanced mix of ownership and rental opportunities. This variety caters to both long-term residents and those seeking more flexible living arrangements.

Family dynamics in Welland are varied, with couple families with children making up 41.2% of the population, closely followed by couple families without children at 38.8%. One-parent families account for 16.3%, reflecting a supportive environment for diverse family structures. The suburb's median total household income of $1467 per week aligns with its appeal to middle-income families and professionals who value the blend of suburban tranquility and urban convenience.

Suburbs near Welland

Some popular suburbs near Welland include:

  • West Croydon: Known for its charming character homes and community vibe, West Croydon is located directly northwest of Welland.
  • Allenby Gardens: Featuring a mix of residential and commercial areas with lush green spaces, Allenby Gardens is situated to the west of Welland.
  • Croydon: Renowned for its heritage architecture and trendy cafes, Croydon lies to the north of Welland.
  • Ridleyton: Offering a blend of modern and traditional homes with easy access to the city, Ridleyton is located to the east of Welland.
  • West Hindmarsh: Known for its quiet residential streets and proximity to the River Torrens, West Hindmarsh is situated directly south of Welland.

How does Welland compare to nearby suburbs?

  • Median house prices: Welland’s median house price is 11.4% lower than West Croydon’s.
  • House price growth: Over the past 12 months, house prices in Welland have grown 25.8% higher than in West Hindmarsh.
  • House price growth: Over the past 12 months, house prices in Welland have grown 24.3% higher than the average rate of growth across Adelaide.
  • Unit price growth:Over the past 12 months, unit prices in Welland have grown 127.1% higher than the average rate of growth for units across Adelaide.

Choose the right real estate agents in Welland

Currently, there are 9 real estate agents working in Welland—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 9 agents sold 69.2% of all properties in Welland over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Welland typically charge a commission of 1.19% to 3.25%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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