Port Wakefield, located in the mid-northern region of South Australia, offers a unique blend of small-town charm and a close-knit community vibe. The housing market in Port Wakefield is characterized by its affordability and accessibility compared to more urbanized areas. Potential homeowners and investors are drawn to the area because of its reasonable property prices and the potential for value appreciation as more people seek tranquil, rural living. The homes in Port Wakefield vary from classic older residences to more contemporary builds, providing options for various tastes and budgets. The demand has been steadily increasing as people look to escape the hustle of city life while still being within reach of Adelaide, making Port Wakefield an attractive option for both retirees and young families alike.
Living in Port Wakefield offers a unique lifestyle characterized by peace, community spirit, and outdoor recreational opportunities. Residents enjoy a relaxed, laid-back environment with easy access to the scenic beauty of South Australia's coastal and bushland areas. The town, though small, boasts a friendly community with local shops, cafes, and a primary school, making it suitable for families. It's a place where neighbors know each other, and community events are part of the social calendar. The proximity to the coast allows for water-related activities like fishing and boating, providing residents with a balanced lifestyle away from city noise yet connected through efficient transport links to larger towns and cities, including Adelaide, just an hour's drive away.
Median Weekly Rent | $225.00 |
Median Monthly Mortgage | $867.00 |
Median Persons Per bed houseroom | 0.80 |
Average Household Size | 2.00 |
Average Age | 43.00 |
Average Income | $698.00 |
Average Cars Per Dwelling | 1.80 |
Average Properties Within 50M | 8 |
Typical 1 bed house | $213,000 |
Typical 2 bed house | $185,000 |
Typical 3 bed house | $279,000 |
Typical 4 bed house | $408,000 |
Typical 5 bed house | $572,000 |
Typical 6 bed+ house | $426,000 |
Housing Stock
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Thinking about buying in Port Wakefield? Now could not be a better time, with 853 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $249,000 with prices in this suburb ranging from $75,000 to $1,078,000. Port Wakefield is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
In Port Wakefield there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Port Wakefield is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Port Wakefield leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Port Wakefield necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Port Wakefield we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Port Wakefield a better buying opportunity than it may have been in the past.
Instant Property Valuation21 Company Street, Port Wakefield, SA, 5550 | 3 | 1 | 4 |
Port Wakefield Primary School
(While the above schools are located with the suburb of Port Wakefield there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0.7 | 14.5 | 32.0 | 23.9 | 82.7 | 5.4 | 26.1 |
Feb | 1.1 | 14.4 | 31.7 | 25.7 | 85.4 | 4.9 | 24 |
Mar | 0.6 | 12.3 | 28.7 | 27.6 | 87.2 | 4.5 | 19.1 |
Apr | 0.9 | 9.6 | 24.8 | 32.4 | 85.5 | 4.3 | 15.2 |
May | 1.2 | 7.2 | 19.4 | 44.8 | 91.3 | 4.4 | 11.4 |
Jun | 1.8 | 5.7 | 16.0 | 55.3 | 94.0 | 4.7 | 9.6 |
Jul | 1.4 | 5.0 | 15.4 | 59.2 | 95.4 | 4.9 | 9.9 |
Aug | 1.4 | 4.1 | 16.7 | 50.7 | 94.6 | 4.7 | 12.8 |
Sept | 0.7 | 5.2 | 21.4 | 35.8 | 93.7 | 4.9 | 17.6 |
Oct | 0.9 | 7.4 | 24.2 | 30.1 | 91.7 | 4.9 | 21.6 |
Nov | 0.7 | 9.7 | 27.5 | 23.6 | 87.4 | 5 | 25.4 |
Dec | 0.9 | 12.4 | 30.9 | 21.4 | 83.7 | 5.1 | 28.7 |
source: Australian Government Bureau of Meteorology
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