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 26 Jun
Auction Time Agency
3/7 Cocos Grove
3 2 2 House
1:00 PM
Sat 26th Jun
Ray White
Median Sale Price
House
$805K
Updated on Apr 2021
2 BR
$398K
3 BR
$656K
4 BR
$910K
Unit
$505K
Updated on Apr 2021
1 BR
-
2 BR
$443K
3 BR
$855K
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
$805,000
+5.2% $270,000 $1,450,000 72
2021
$821,000
+1.9% $342,000 $1,850,000 42
Median Sale Price
$830K
Based on 85 recorded sales within the last 12 months
Updated on 24 Jun 2021
Suburb Growth
+4.8%
Current Median Price: $830,000
Previous Median Price: $790,000
Based on 159 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2021)
Price Range Segments (12 months ending May 2021)
Median Weekly Rent Price
House
$540
Updated on May 2021
2 BR
$373
3 BR
$540
4 BR
$610
Unit
$400
Updated on May 2021
1 BR
$355
2 BR
$390
3 BR
$450
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
$510
-2.9% $290 $725 18
Median Rent Price
$525
per week
Based on 35 recorded rent within the last 12 months
Updated on 24 Jun 2021
Rent Price Growth
+10.5%
Current Median Rent: $525
Previous Median Rent: $470
Based on 73 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.3%
Current Median Price: $830,000
Current Median rent: $525
Based on 120 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2021)

Auction Results For West Lakes

Houses sold in Last 12 months ends 19 Jun 2021

$758K

Median Sale Price

77%

Clearance Rate

13/17

Sold/Reported

$1.48M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.4 M - $1.6 M 1
$1 M - $1.2 M 1
$800 K - $1 M 3
$600 K - $800 K
(Median Price Range)
5
$400 K - $600 K 2

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