Question 1

Is Woodville West a nice place to live?

Accepted Answer

Woodville West is an inner-western Adelaide suburb of modest post-war cottages and single-storey bungalows set on grid streets with established street trees. The housing mix of original weatherboard homes and an increasing number of contemporary infill attracts young families, renovators and tradespeople alongside long-standing locals. The suburb is home to 3,854 people, with a median age of 35 and a median household income of $1,669 a week.

Everyday life centres on neighbourhood parks and sporting grounds, with nearby shopping and community facilities in Woodville and straightforward access to public transport and main roads to the city and coast. Homes are mostly owner-occupied (64.0%) while 36.0% are rented. The Square at Woodville West renewal has delivered around 429 new dwellings, reconfigured roads and about 10,000 m² of new public open space, and local council plans are moving to implementation for park upgrades, road renewals and a proposed St Clair Oval 2 community facility. Whether that mix suits you depends on what you’re after.

Question 2

Is it expensive to live in Woodville West?

Accepted Answer

At about 11.4 times a typical local annual household income at the last Census, a median house in Woodville West (around $989,000) sits well above what people locally earned then. Renting looks relatively less stretched: a house rent of $655 a week would take about 39.3% of a typical local household's weekly income at the last Census, a sizeable share, while a unit at $490 a week would take about 29.4%, a moderate share. If you're renting rather than buying, those rent shares are the figures that matter; whether they feel expensive depends on your own income and circumstances.

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 West a good place to invest?

Accepted Answer

House values in Woodville West climbed 15.1% over the past 12 months, a strong rise in what houses are worth. House rents also increased, up 5.6% over the year, a solid gain, so on the houses side capital growth has outpaced rent growth this period. Unit rents fell by 3.9% over the year, a modest decline.

For someone weighing Woodville West up as an investment, those numbers mean the past year showed stronger capital growth for houses alongside rising house rental income but falling unit rental income; which of those outcomes matters most depends on your own goals and circumstances.

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	$989K	N/A
Change in value Past 12 months	15.1%	N/A
Sold Past 3 months	25	1
Median days on market Past 12 months	57	N/A
Average rent Past 12 months	$655	$490
Change in rent Past 12 months	5.6%	-3.9%

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