West Lakes Shore SA 5020

Here you can find what you need to know about West Lakes Shore, SA, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$595k Median Sale Price (National Average $485k) 115th In SA
-0.38% Median Price Change (1 yr) (National Average 4.30%) 1362nd In SA
$465pw Median Rent (National Average $395) 54th In SA
4.1% Median Gross Yield (National Average 4.24%) 224th In SA
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Properties sold 45
Average discounting -2.06%
Average Days on Market 44
Stock on Market 10 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

West Lakes Shore, SA National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

West Lakes Shore, SA National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

West Lakes Shore, SA National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in West Lakes Shore


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State Auction Clearance Rates - August 2020

Auctions Clearance rate
SA 26 62%
ACT 25 80%
NSW 581 68%
NT 4 100%
QLD 75 40%
TAS 1 100%
VIC 151 63%
WA 10 30%

Local Schools


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Suburb Information

West Lakes Shore, SA 5020

Part of: Charles Sturt Council No data available

The size of West Lakes Shore is approximately 1.8 square kilometres. It has 33 parks covering nearly 17.7% of total area. The population of West Lakes Shore in 2011 was 2,972 people. By 2016 the population was 3,105 showing a population growth of 4.5% in the area during that time. The predominant age group in West Lakes Shore is 60-69 years. Households in West Lakes Shore are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Lakes Shore work in a professional occupation. In 2011, 80.2% of the homes in West Lakes Shore were owner-occupied compared with 79.8% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in West Lakes Shore

Demographic data provided
by Australian Bureau of Statistics


Market Trends for West Lakes Shore   for Houses in last 12 months


There have been 47 Houses sold in West Lakes Shore in the past 12 months with a median sale price of $751K, up 4.5% annually. It takes on average 38 days to sell with vendor discounting of -0.05%.

Streets in West Lakes Shore


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Redlynch QLD, 4870 4.49% $512,000 $490pw 5.0% View Suburb Profile
West Launceston TAS, 7250 -0.88% $396,000 $355pw 4.7% View Suburb Profile
Croydon SA, 5008 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Minto NSW, 2566 4.87% $624,000 $405pw 3.4% View Suburb Profile