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Investment Property Two Wells, SA, 5501

Suburb Snapshot

Two Wells is a suburb in the Mallala Region of South Australia. Two Wells has a population of 2,550 people and 13.10% of its occupants live in rental accommodation. The median listing price for houses is $754,000 and this has changed 15.20% over the past year and changed 40.14% over 2 years.

The median rent in Two Wells for houses is $650 per week and the median rental yield is 4.48%. Stock on the market for houses/townhouses has changed 82.14% compared to last year and the average time to sell a house/townhouse is 46 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Two Wells is NA per week, producing a rental yield of NA.

Supply & Demand in Two Wells, Mallala

0.36%

Current vacancy rate


7

Rental stock available


2,550

Population


13.10%

Rental population


0.24%

Current vacancy rate


12

Rental stock available


8,804

Population


11.01%

Rental population


0.49%

Current vacancy rate


4,378

Rental stock available


1,676,654

Population


25.08%

Rental population


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Statistical data for Two Wells, Mallala

  House Townhouses Units
Median listing price $754,000 NA NA
Median price change - last quarter 8.02% NA NA
Median price change - 1 year 15.20% NA NA
Median price change - 2 years 40.14% NA NA
  House Townhouses Units
Median weekly rent $650 NA NA
Median yield % 4.48% NA NA
Median rent change - 1 year 12.06% NA NA
  House Units
Previous month sales 11 0
Stock on market previous month 51 0
Stock variance vs. last year 82.14% 0.00%
Average days on market 46 NA

Two Wells investment property listings

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