West Lakes, SA 5021
Compare Part of Charles Sturt
11.12 km
Distance from Adelaide CBD
6 k
Population
Auction Times
Sat 10 Oct | Auction Time | Agency | |
|---|---|---|---|
 | 4 Trinidad Court 4 3 4 House | 2:00 PM Sat 10th Oct | Ray White (RLA 184782) |
Median Sale Price
House
$752K
Updated on Aug 2020
2 BR $363K | 3 BR $630K | 4 BR $850K |
Unit
$483K
Updated on Aug 2020
1 BR - | 2 BR $464K | 3 BR $493K |
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 | $757,500 | -0.7% | $512,000 | $1,450,000 | 44 |
Median Sale Price
$790K
Based on 71 recorded sales within the last 12 months
Updated on 28 Sep 2020
Suburb Growth
+7.0%
Current Median Price: $790,000
Previous Median Price: $735,000
Based on 140 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2020)
Price Range Segments (12 months ending Aug 2020)
Median Weekly Rent Price
House
$475
Updated on Aug 2020
2 BR $375 | 3 BR $450 | 4 BR $590 |
Unit
$390
Updated on Aug 2020
1 BR $503 | 2 BR $360 | 3 BR $440 |
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 | $1,040 | 57 |
| 2018 | $450 | 0.0% | $300 | $1,180 | 53 |
| 2019 | $490 | +8.2% | $285 | $1,100 | 46 |
| 2020 | $460 | -6.5% | $290 | $775 | 21 |
Median Rent Price
$450
per week
Based on 36 recorded rent within the last 12 months
Updated on 28 Sep 2020
Rent Price Growth
-26.7%
Current Median Rent: $450
Previous Median Rent: $570
Based on 78 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3%
Current Median Price: $790,000
Current Median rent: $450
Based on 107 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2020)
Auction Results For West Lakes
Houses sold in Last 12 months ends 26 Sep 2020
$670K
Median Sale Price
70%
Clearance Rate
7/10
Sold/Reported
$855K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $800 K - $1 M | 1 | |
| $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 |