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Investment Property West Beach, SA, 5024

Suburb Snapshot

West Beach is a suburb in the West Torrens Region of South Australia. West Beach has a population of 4,966 people and 23.75% of its occupants live in rental accommodation. The median listing price for houses is $1,340,000 and this has changed 3.87% over the past year and changed 11.66% over 2 years.

The median rent in West Beach for houses is $700 per week and the median rental yield is 2.71%. Stock on the market for houses/townhouses has changed -20.00% compared to last year and the average time to sell a house/townhouse is 35 days.The median listing price for units is $480,000 and this has changed 15.66% over the past year. The average unit takes 31 days to sell and the median rent for a unit in West Beach is $460 per week, producing a rental yield of 4.98%.

Supply & Demand in West Beach, West Torrens

0.59%

Current vacancy rate


15

Rental stock available


4,966

Population


23.75%

Rental population


0.62%

Current vacancy rate


193

Rental stock available


57,901

Population


32.98%

Rental population


0.49%

Current vacancy rate


4,378

Rental stock available


1,676,654

Population


25.08%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for West Beach, West Torrens

  House Townhouses Units
Median listing price $1,340,000 NA $480,000
Median price change - last quarter -5.97% NA NA
Median price change - 1 year 3.87% NA 15.66%
Median price change - 2 years 11.66% NA 28.00%
  House Townhouses Units
Median weekly rent $700 NA $460
Median yield % 2.71% NA 4.98%
Median rent change - 1 year 5.26% NA 15.00%
  House Units
Previous month sales 14 3
Stock on market previous month 12 7
Stock variance vs. last year -20.00% 75.00%
Average days on market 35 31

West Beach investment property listings

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