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