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All About Snowtown, Wakefield, SA, 5520

Snowtown, a small locality in the Wakefield region of South Australia, has a housing market that reflects its tight-knit and modest community. The town is known for its affordable housing options, making it an attractive destination for first-time home buyers and those looking for a more laid-back lifestyle away from the hustle and bustle of larger cities. Properties in Snowtown often consist of charming, older-style homes as well as more modern builds, providing a range of choices for potential homeowners. While the market doesn't experience the high volatility seen in larger urban centers, it offers stability and value, with a gradual appreciation in property prices over the years. This makes Snowtown a viable option for those considering a long-term investment in real estate.

Living in Snowtown is characterized by a peaceful and community-oriented lifestyle. The town, though small, has a strong sense of community, where residents enjoy friendly relations and support. With essential amenities like local shops, a school, and recreational facilities, the town caters to everyday needs without the overwhelming pace of larger towns or cities. The surrounding landscape offers picturesque views and opportunities for outdoor activities, providing residents with an appealing mix of nature and tranquility. While Snowtown may not offer the extensive commercial and entertainment options found in more populous areas, its appeal lies in its simpler, slower-paced living, making it ideal for those seeking a change from hectic urban life.

Household Makeup

Median Weekly Rent $150.00
Median Monthly Mortgage $581.00
Median Persons Per bed houseroom 0.60
Average Household Size 2.00
Average Age 55.00
Average Income $492.00
Average Cars Per Dwelling 1.51
Average Properties Within 50M 4
Typical 1 bed house$118,000
Typical 2 bed house$147,000
Typical 3 bed house$213,000
Typical 4 bed house$354,000
Typical 5 bed house$153,000
Typical 6 bed+ house$153,000

Housing Stock

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Snowtown Real Estate Market Outlook

Thinking about buying in Snowtown? Now could not be a better time, with 643 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $169,000 with prices in this suburb ranging from $20,000 to $987,000. The aproximate distance to the coast is 23 Km.

In Snowtown 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 Snowtown 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 Snowtown 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 Snowtown 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 Snowtown 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 Snowtown a better buying opportunity than it may have been in the past.

Instant Property Valuation

Local Schools

Snowtown Primary School

(While the above schools are located with the suburb of Snowtown there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Snowtown weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan0.714.532.023.982.75.426.1
Feb1.114.431.725.785.44.924
Mar0.612.328.727.687.24.519.1
Apr0.99.624.832.485.54.315.2
May1.27.219.444.891.34.411.4
Jun1.85.716.055.394.04.79.6
Jul1.45.015.459.295.44.99.9
Aug1.44.116.750.794.64.712.8
Sept0.75.221.435.893.74.917.6
Oct0.97.424.230.191.74.921.6
Nov0.79.727.523.687.4525.4
Dec0.912.430.921.483.75.128.7

source: Australian Government Bureau of Meteorology




General Points of Interest


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