West Lakes, SA 5021
Compare Part of Charles Sturt
11.12 km
Distance from Adelaide CBD
6 k
Population
Median Sale Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
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 | $3,500,000 | 91 |
| 2022 | $950,000 | +8.4% | $420,000 | $2,451,000 | 98 |
| 2023 | $1,150,000 | +17.4% | $416,500 | $4,450,000 | 79 |
| 2024 | $1,190,000 | +3.4% | $457,500 | $4,025,000 | 93 |
Median Sale Price
$1.19M
Based on 95 recorded sales within the last 12 months
Updated on 22 Dec 2024
Suburb Growth
+3.4%
Current Median Price: $1,190,000
Previous Median Price: $1,150,000
Based on 173 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
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% | $295 | $1,450 | 44 |
| 2022 | $650 | +15.4% | $360 | $1,700 | 52 |
| 2023 | $650 | 0.0% | $220 | $1,900 | 73 |
| 2024 | $660 | +1.5% | $440 | $1,300 | 45 |
Median Rent Price
$660
per week
Based on 45 recorded rent within the last 12 months
Updated on 22 Dec 2024
Rent Price Growth
+1.5%
Current Median Rent: $660
Previous Median Rent: $650
Based on 118 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.9%
Current Median Price: $1,190,000
Current Median rent: $660
Based on 140 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)
Auction Results For West Lakes
Houses sold in Last 12 months ends 21 Dec 2024
$1.7M
Median Sale Price
70%
Clearance Rate
9/13
Sold/Reported
$1.83M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.8 M - $2 M | 1 | |
| $1.6 M - $1.8 M (Median Price Range) | 4 | |
| $1.4 M - $1.6 M | 1 | |
| $1.2 M - $1.4 M | 2 | |
| $1 M - $1.2 M | 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 |