West Lakes, SA 5021
Compare Part of Charles Sturt
11.12 km
Distance from Adelaide CBD
6 k
Population
Median Sale Price
House
$730K
Updated on Dec 2020
2 BR $375K | 3 BR $656K | 4 BR $845K |
Unit
$505K
Updated on Dec 2020
1 BR - | 2 BR $505K | 3 BR $519K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $590,000 | 0.0% | $320,000 | $1,550,000 | 53 |
| 2010 | $695,000 | +15.1% | $308,000 | $2,200,000 | 59 |
| 2011 | $675,000 | -3.0% | $123,800 | $1,500,000 | 66 |
| 2012 | $590,000 | -14.4% | $60,000 | $1,260,000 | 72 |
| 2013 | $575,000 | -2.6% | $323,000 | $1,400,000 | 76 |
| 2014 | $628,000 | +8.4% | $125,000 | $1,420,000 | 75 |
| 2015 | $695,000 | +9.6% | $300,000 | $7,800,000 | 79 |
| 2016 | $680,000 | -2.2% | $295,000 | $1,127,500 | 67 |
| 2017 | $735,000 | +7.5% | $315,000 | $1,568,000 | 64 |
| 2018 | $740,000 | +0.7% | $285,000 | $1,400,000 | 63 |
| 2019 | $763,000 | +3.0% | $322,500 | $1,350,000 | 79 |
| 2020 | $800,000 | +4.6% | $270,000 | $1,450,000 | 70 |
| 2021 | $1,110,000 | +27.9% | $1,110,000 | $1,110,000 | 2 |
Median Sale Price
$800K
Based on 71 recorded sales within the last 12 months
Updated on 19 Jan 2021
Suburb Growth
+4.6%
Current Median Price: $800,000
Previous Median Price: $763,000
Based on 150 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2020)
Price Range Segments (12 months ending Dec 2020)
Median Weekly Rent Price
House
$545
Updated on Dec 2020
2 BR $380 | 3 BR $488 | 4 BR $600 |
Unit
$395
Updated on Dec 2020
1 BR $503 | 2 BR $375 | 3 BR $410 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $430 | 0.0% | $250 | $950 | 37 |
| 2012 | $495 | +13.1% | $300 | $950 | 47 |
| 2013 | $495 | 0.0% | $295 | $720 | 41 |
| 2014 | $470 | -5.3% | $275 | $2,310 | 47 |
| 2015 | $450 | -4.4% | $260 | $950 | 63 |
| 2016 | $550 | +18.2% | $310 | $1,100 | 33 |
| 2017 | $450 | -22.2% | $280 | $800 | 57 |
| 2018 | $450 | 0.0% | $300 | $1,180 | 53 |
| 2019 | $490 | +8.2% | $285 | $1,100 | 46 |
| 2020 | $525 | +6.7% | $290 | $775 | 31 |
| 2021 | - | - | - | - | - |
Median Rent Price
$525
per week
Based on 29 recorded rent within the last 12 months
Updated on 19 Jan 2021
Rent Price Growth
+10.5%
Current Median Rent: $525
Previous Median Rent: $470
Based on 76 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.4%
Current Median Price: $800,000
Current Median rent: $525
Based on 100 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2020)
Auction Results For West Lakes
Houses sold in Last 12 months ends 16 Jan 2021
$728K
Median Sale Price
80%
Clearance Rate
8/10
Sold/Reported
$865K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $800 K - $1 M | 2 | |
| $600 K - $800 K (Median Price Range) | 3 | |
| $400 K - $600 K | 2 | |
Schools closest to West Lakes, SA 5021
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| West Lakes Shore School R-7 | EDWIN STREETWest Lakes Shore 5020 | Primary | Government | 1.66 km |
| Seaton High SchoolTop 100 | GLENBURNIE STREETSeaton 5023 | Secondary | Government | 1.64 km |
| Hendon Primary School | CEDAR AVENUERoyal Park 5014 | Primary | Government | 1.79 km |