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 24 Feb
Auction Time Agency
1 Anna Court
3 2 2 House
2:00 PM
Sat 24th Feb
Raine & Horne
Sat 2 Mar
Auction Time Agency
10/83 Lochside Drive
3 1 2 Unit
10:00 AM
Sat 2nd Mar
Harris Real Estate Pty Ltd
Median Sale Price
House
-
Updated on Dec 2023
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Dec 2023
1 BR
-
2 BR
-
3 BR
-
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 $3,500,000 91
2022
$950,000
+8.4% $420,000 $2,451,000 98
2023
$1,160,000
+18.1% $416,500 $4,450,000 78
2024
$1,240,000
+6.5% $725,000 $4,025,000 11
Median Sale Price
$1.19M
Based on 83 recorded sales within the last 12 months
Updated on 22 Feb 2024
Suburb Growth
+23.5%
Current Median Price: $1,190,000
Previous Median Price: $910,000
Based on 177 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2024)
Price Range Segments (12 months ending Jan 2024)
Median Weekly Rent Price
House
-
Updated on Dec 2023
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Dec 2023
1 BR
-
2 BR
-
3 BR
-
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
$650
+15.4% $360 $1,700 52
2023
$650
0.0% $220 $1,900 73
2024
$900
+27.8% $695 $950 3
Median Rent Price
$650
per week
Based on 73 recorded rent within the last 12 months
Updated on 22 Feb 2024
Rent Price Growth
+4.6%
Current Median Rent: $650
Previous Median Rent: $620
Based on 125 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.8%
Current Median Price: $1,190,000
Current Median rent: $650
Based on 156 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2024)

Auction Results For West Lakes

Houses sold in Last 12 months ends 17 Feb 2024

$967K

Median Sale Price

64%

Clearance Rate

7/11

Sold/Reported

$1.27M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.2 M - $1.4 M 2
$1 M - $1.2 M 1
$800 K - $1 M
(Median Price Range)
3
$600 K - $800 K 1

Similar Suburbs to West Lakes 5021

Based on median house sale price sold in last 12 months

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