West Lakes, SA 5021

West Lakes, SA 5021

Compare Part of Charles Sturt

11.12 km
Distance from CBD
6 k
Population

Auction Times

Sat 9 Jul
Auction Time Agency
61A Martin Court
4 3 4 House
10:00 AM
Sat 9th Jul
Raine & Horne
Median Sale Price
House
$926K
Updated on May 2022
2 BR
$413K
3 BR
$845K
4 BR
$1.16M
Unit
$548K
Updated on May 2022
1 BR
$377K
2 BR
$513K
3 BR
$719K
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 $1,850,000 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 $1,450,000 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 80
2020
$805,000
+5.2% $270,000 $1,450,000 74
2021
$870,000
+7.5% $342,000 $1,920,000 90
2022
$950,000
+8.4% $470,000 $2,451,000 50
Median Sale Price
$910K
Based on 91 recorded sales within the last 12 months
Updated on 30 Jun 2022
Suburb Growth
+7.7%
Current Median Price: $910,000
Previous Median Price: $840,000
Based on 184 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2022)
Price Range Segments (12 months ending May 2022)
Median Weekly Rent Price
House
$565
Updated on May 2022
2 BR
$450
3 BR
$540
4 BR
$683
Unit
$420
Updated on May 2022
1 BR
$385
2 BR
$400
3 BR
$490
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
$460
-19.6% $280 $800 57
2018
$450
-2.2% $300 $1,180 53
2019
$490
+8.2% $285 $1,100 46
2020
$525
+6.7% $290 $775 31
2021
$550
+4.5% $290 $1,450 44
2022
$580
+5.2% $370 $1,360 22
Median Rent Price
$580
per week
Based on 42 recorded rent within the last 12 months
Updated on 30 Jun 2022
Rent Price Growth
+9.5%
Current Median Rent: $580
Previous Median Rent: $525
Based on 82 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.3%
Current Median Price: $910,000
Current Median rent: $580
Based on 133 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2022)

Auction Results For West Lakes

Houses sold in Last 12 months ends 25 Jun 2022

$955K

Median Sale Price

64%

Clearance Rate

12/19

Sold/Reported

$1.69M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.6 M - $1.8 M 1
$1.2 M - $1.4 M 2
$1 M - $1.2 M 1
$800 K - $1 M
(Median Price Range)
5
$400 K - $600 K 1

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