Free full calculator →
Suburb Insights · SA 5034

Wayville, SA 5034 Property Profile

ABS 2021 Census · Updated 21 May 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 per year.

Investment Score

71 / 100 Good

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

Location

Adelaide
Wayville
South Australia · 5034
2 km from Adelaide CBD
View on Google Maps ↗

Key Indicators

Postcode
5034

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

Australia Post Postcode Finder →
Population
1,922

Usual resident population at the most recent census.

Median weekly rent
$350/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$105,820/yr

Annual median household income (before tax) across all households.

Distance to CBD
2 km

Straight-line distance from the suburb centroid 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.

Find schools near Wayville on My School →
Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$2,123/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
35% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Wayville is a smaller community of 1,922 — about 52% of the South Australia suburb median (3,699) — so investors should factor in the narrower buyer pool and longer average time-on-market. Median household income of $105,820/year runs 31% above the South Australia suburb median of $80,964, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. Rent of $350/week (71% coverage of the $2,123/month median mortgage) leaves a gap of roughly $606/month that a typical investor bridges with negative gearing, depreciation and capital growth. At 2 km from the Adelaide CBD, Wayville sits inside the high-demand inner ring — properties here compete directly with the city's employment, transport and amenity networks. Only 35% of dwellings are separate houses (vs 73% state median), so this is a unit-heavy market where body-corporate decisions and strata supply meaningfully shape investor returns.

Wayville vs South Australia Median

How Wayville stacks up against the median of all South Australia suburbs in our dataset. Positive values mean Wayville sits above the state median; negative means below.

MetricWayvilleSA medianΔ vs state
Population1,9223,699-48%
Median household income$105,820/yr$80,964/yr+31%
Median rent (weekly)$350$320+9%
Median mortgage (monthly)$2,123$1,616+31%
Distance to CBD2 km13 km-85%
Separate houses35%73%-38pp

Investor Checklist

Pre-inspection briefing for Wayville — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Strong buy-and-hold fundamentals: household incomes run 31% above the South Australia suburb median ($105,820 vs $80,964), and the 2 km CBD distance keeps this suburb in the primary demand zone. In South Australia, suburbs with this profile have historically clustered in the upper tercile of 10-year capital growth.

⚠️
Rental Yield

Moderate rental coverage: rent of $350/week covers 71% of a $2,123/month mortgage, leaving a $606/month gap that an investor bridges with equity, depreciation and tax benefits.

Renovation / Flip

Only 35% of dwellings are separate houses (vs 73% SA median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.

Risk Factors

Run the numbers on a Wayville property

Full Property Analysis

30-year projections for Wayville

Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.

Create free account →
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Strong Rental Demand: Low Investor Sentiment: Strong

Wayville enters 2026 with a demographic tailwind — household incomes 31% above the South Australia suburb median of $80,964 and a population of 1,922 give it the depth and purchasing power to outperform the wider SA market over the next 12–18 months. Rental coverage runs at ~71% of the typical mortgage ($1,517/month rent vs $2,123/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 71/100 places Wayville in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is constructive heading into the second half of 2026.

Share your experience of Wayville

Lived in Wayville? Help other investors with an honest 100-word review. Sign-in required; all reviews are manually moderated before they appear.

Frequently Asked Questions

Is Wayville a good suburb for investment?

Wayville scores 71/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 1,922, median household income of $105,820/year and median weekly rent of $350. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Wayville?

The main demand drivers in Wayville are proximity to Adelaide (2 km), an above-state-median household income of $105,820/year, a dwelling mix that is 35% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Wayville?

Wayville has a usual resident population of approximately 1,922, compared with a South Australia suburb median of 3,699 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Wayville from the Adelaide CBD?

Wayville sits 2 km straight-line from the Adelaide CBD. This is inner-ring territory — pricing competes directly with established Adelaide employment nodes.

What is the median rent in Wayville?

The most recent census recorded a median weekly rent of $350 in Wayville, equating to approximately $18,200/year in gross rental income (state median $320/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Wayville?

The median monthly mortgage repayment in Wayville is $2,123, or approximately $25,476/year (vs $1,616/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Wayville cash-flow positive for investors?

A median weekly rent of $350 works out to $1,517/month, covering 71% of the median mortgage repayment of $2,123/month. That leaves a $606/month shortfall (around $7,272/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Wayville?

The main risks are a thin buyer pool (1,922 residents), interest-rate sensitivity on the $2,123 median mortgage, a unit-heavy dwelling mix (35% houses) where body-corporate costs and apartment supply affect resale, the broader South Australia market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Wayville profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

South Australia Property Resources