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Suburb Insights ยท SA 5034

Wayville 5034, South Australia

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Wayville is a well-established middle-ring suburb of Adelaide, Australia, with a population of approximately 1,922, making it a boutique locality. Located 2 km from the Adelaide CBD, Wayville is a middle ring area in South Australia. The median household income is $105,820 AUD per year (ABS 2021 Census).

Investment Score

71 / 100 Good

Strong household incomes in Wayville underpin solid property demand. Close CBD access strengthens tenant appeal and resale value.

Location

Map shows Wayville, South Australia, Australia.

Key Indicators

Postcode
5034

Official Australia Post postcode for Wayville. A postcode may cover multiple suburbs.

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Population
1,922

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$350/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$105,820/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
2 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,123/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
35% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Wayville's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $350/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $2,123/month. A median household income of $105,820/year supports premium property values and indicates a well-employed resident base. With only 35% separate houses, Wayville has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

Wayville's established location and strong demographics make it well-suited to a long-term buy-and-hold strategy.

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Rental Yield

Expect competitive but not exceptional rental returns in Wayville's current market.

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Renovation / Flip

Limited buyer depth in Wayville makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

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Full Property Analysis

30-year projections for Wayville

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

Wayville enters 2026 with positive growth momentum, supported by strong local demographics and sustained demand. Tenants in Wayville have options โ€” presenting well-maintained properties is key to minimising vacancy. Confidence in Wayville's medium-term prospects is reflected in sustained buyer interest.

Frequently Asked Questions

Is Wayville a good suburb for investment?

Wayville is a middle ring area in South Australia with a population of 1,922. The median rent is $350/week and the median household income is $105,820/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Wayville?

Key demand drivers in Wayville include established amenities and transport access. 35% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Wayville?

According to the ABS 2021 Census, Wayville has a population of approximately 1,922. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Wayville from the Adelaide CBD?

Wayville is approximately 2 km straight-line distance from the Adelaide CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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