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 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