2. SA
  3. Charles Sturt

West Lakes SA 5021

Houses Units

Here you can find what you need to know about West Lakes, SA, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$1.2M Median Sale Price (National Average $485k) 86th In SA
25.33% Median Sale Price Change (1yr) (National Average 4.30%) 58th In SA
$690pw Median Rent (National Average $395) 42nd In SA
3.0% Median Gross Yield (National Average 4.24%) 278th In SA
Properties sold 87
Average discounting -7.74%
Average Days on Market 58
Stock on Market 36 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

West Lakes, SA National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

West Lakes, SA National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

West Lakes, SA National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in West Lakes


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State Auction Clearance Rates


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Local Schools


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Suburb Information

West Lakes, SA 5021

Part of: Charles Sturt Council No data available

The size of West Lakes is approximately 4.4 square kilometres. It has 32 parks covering nearly 18.1% of total area. The population of West Lakes in 2011 was 5,728 people. By 2016 the population was 5,781 showing a population growth of 0.9% in the area during that time. The predominant age group in West Lakes is 60-69 years. Households in West Lakes are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Lakes work in a professional occupation. In 2011, 75.4% of the homes in West Lakes were owner-occupied compared with 76.5% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in West Lakes

Demographic data provided
by Australian Bureau of Statistics

Market Trends for West Lakes   for Houses in last 12 months


There have been 87 Houses sold in West Lakes in the past 12 months with a median sale price of $1.2M, up 25.3% annually. It takes on average 48 days to sell with vendor discounting of -7.7%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
West Lakes Shore SA, 5020 25.70% $1,206,753 $720pw 3.1% View Suburb Profile
Pioneer QLD, 4825 -20.89% $187,500 $400pw 11.1% View Suburb Profile
Austins Ferry TAS, 7011 -8.74% $595,000 $563pw 4.9% View Suburb Profile
Grange SA, 5022 13.79% $1,320,000 $698pw 2.8% View Suburb Profile
West Lamington WA, 6430 13.75% $409,500 $698pw 8.9% View Suburb Profile
Clapham SA, 5062 6.96% $968,000 $588pw 3.2% View Suburb Profile

Currency

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