Question 1

Is Woodville a nice place to live?

Accepted Answer

Woodville is an established inner-west Adelaide suburb with a village feel, tree-lined streets and a mix of early 20th century cottages, post-war brick homes and pockets of medium-density development. It is a long-standing residential community of 2,180 people with a median age of 42, and is weighted towards couple families—together they make up just over four in five families. About 61.0% of homes are owner-occupied while roughly two in five are rented.

Day-to-day life centres on a compact retail strip, local services, nearby reserves and sporting grounds, and convenient public transport including Woodville railway station on the Outer Harbor line. Renewal around Woodville Road and the station is guided by council and state masterplans, and precinct works include station improvements, redevelopment at Woodville High School, health precinct upgrades around the Queen Elizabeth Hospital and upgrades linked to the St Clair recreation centre. That combination of housing, amenities and connections will suit long-term locals, younger buyers drawn to transport links and families seeking schools and outdoor options; whether it suits you depends on what you value in a suburb.

Question 2

Is it expensive to live in Woodville?

Accepted Answer

On the figures, buying in Woodville sits well above what local households earned at the most recent Census. The median house price of $1,055,000 is about 13.4 times a typical local annual household income as recorded at the most recent Census.

Renting takes a large share of local income: the average house rent of $675 a week is about 44.6% of a typical local household's weekly income at the last Census ($1,514 a week), and the average unit rent of $540 a week is about 35.7% of that income. If you are looking to rent those shares are the most relevant figures; if you are looking to buy the price sits well above local incomes at the last Census.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Woodville a good place to invest?

Accepted Answer

Over the past 12 months in Woodville, median house values rose 41.3%, a strong increase, while house rents increased 2.3%, a modest rise. Unit rents jumped 18.7% over the year, a strong rise and substantially faster than house rents, so the rental-income movement has been stronger on the unit side while houses experienced their largest change on the capital-growth side. Whether that pattern fits your plans will depend on whether you prioritise rental income or capital growth.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$1.05M	N/A
Change in value Past 12 months	41.3%	N/A
Sold Past 3 months	12	1
Median days on market Past 12 months	60	52
Average rent Past 12 months	$675	$540
Change in rent Past 12 months	2.3%	18.7%

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