West Lakes, SA 5021
Compare Part of Charles Sturt
11.12 km
Distance from Adelaide 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 | |
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 |