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Westbourne Park suburb profile

Westbourne Park is a charming suburb located approximately 6km south of Adelaide's CBD, known for its leafy streets and welcoming community atmosphere. The suburb offers a mix of character homes and modern residences, appealing to families and professionals alike. With its proximity to quality schools, parks, and local amenities, Westbourne Park provides a convenient and comfortable lifestyle. The area is well-served by public transport, making commuting to the city and surrounding areas easy. Its blend of suburban tranquility and urban accessibility makes Westbourne Park a desirable location for those seeking a balanced lifestyle.

Westbourne Park property market performance

Property growth+18.6%Past 12 months

Westbourne Park's property market has experienced notable changes over the past 12 months. House values have risen by 9.6%, while unit values have surged by an impressive 31.5%. Despite these increases, the current median prices for both houses and units are not available. Sales activity has been limited, with only 5 houses and 3 units sold in the past year, indicating a relatively quiet market.

The median days on market suggest that both houses and units are taking a similar amount of time to sell, with houses at 50 days and units at 46 days, reflecting a balanced demand across property types.

In the rental market, house rents have remained stable with no change over the last 12 months, averaging $685. In contrast, unit rents have seen a significant increase of 17.8%, now averaging $530, highlighting a growing demand for rental units in the area.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
7.5%29.6%
Sold
Past 3 months
73
Median days on market
Past 12 months
4745
Average rent
Past 12 months
$690$530
Change in rent
Past 12 months
0.7%17.8%

5 year median price trend for houses and units

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Westbourne Park demographics

Westbourne Park, located in Adelaide's inner southern suburbs, is a charming and established community known for its leafy streets and family-friendly atmosphere. With a population of 2,564, the suburb offers a peaceful residential environment while still being conveniently close to the city center. The median age of 44 suggests a mature community, with many long-term residents enjoying the suburb's tranquil lifestyle and strong sense of community.

The suburb is predominantly composed of family households, with 52.9% of families being couples with children, reflecting its appeal to those seeking a nurturing environment to raise a family. Additionally, 36.7% of families are couples without children, indicating a significant number of residents who appreciate the suburb's quiet charm and proximity to amenities. The presence of one-parent families, making up 9.3% of the community, adds to the suburb's diverse family dynamics.

Property ownership in Westbourne Park is notably high, with 42.1% of homes owned outright and 35.8% owned with a mortgage. This stability in homeownership underscores the suburb's appeal to those looking for long-term residence. The rental market, comprising 22.1% of properties, provides options for those seeking flexibility. With its blend of established homes, community spirit, and convenient location, Westbourne Park remains a desirable suburb for families and individuals alike.

Suburbs near Westbourne Park

Some popular suburbs near Westbourne Park include:

  • Cumberland Park: Known for its family-friendly atmosphere and convenient shopping options, Cumberland Park is located directly north of Westbourne Park.
  • Kings Park: Featuring charming character homes and leafy streets, Kings Park is situated to the northwest of Westbourne Park.
  • Clarence Park: Known for its vibrant community and excellent transport links, Clarence Park lies to the west of Westbourne Park.
  • Clarence Gardens: Offering a mix of residential and recreational spaces, Clarence Gardens is located to the south of Westbourne Park.
  • Millswood: Known for its elegant homes and proximity to parks, Millswood is situated to the west of Westbourne Park.

How does Westbourne Park compare to nearby suburbs?

  • House price growth: Over the past 12 months, house prices in Westbourne Park have grown 5.4% higher than in Millswood.
  • Unit price growth: Over the past 12 months, unit prices in Westbourne Park have grown 25.9% higher than in Clarence Park.
  • Selling speed for houses: Properties in Westbourne Park are selling 16.1% faster than in Cumberland Park.
  • Selling speed for units: Properties in Westbourne Park are selling 4.3% faster than in Clarence Park.
  • Investment considerations: In Westbourne Park, the rental yield for house is 9.2% higher than the Adelaide average, while the rental yield for units is 7.9% higher.
  • House price growth: Over the past 12 months, house prices in Westbourne Park have grown 92.6% higher than the average rate of growth across Adelaide.
  • Unit price growth:Over the past 12 months, unit prices in Westbourne Park have grown 12.5% higher than the average rate of growth for units across Adelaide.

Choose the right real estate agents in Westbourne Park

There are 22 real estate agents in Westbourne Park, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 43.3% of all sales in the past year.

Commission rates in Westbourne Park typically range from 1.63% to 2.75%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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