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Investment Property West Lakes, SA, 5021

Suburb Snapshot

West Lakes is a suburb in the Charles Sturt Region of South Australia. West Lakes has a population of 5,792 people and 17.41% of its occupants live in rental accommodation. The median listing price for houses is $1,090,000 and this has changed -0.91% over the past year and changed 46.80% over 2 years.

The median rent in West Lakes for houses is $680 per week and the median rental yield is 3.24%. Stock on the market for houses/townhouses has changed 156.00% compared to last year and the average time to sell a house/townhouse is 43 days.The median listing price for units is $592,500 and this has changed 4.86% over the past year. The average unit takes 25 days to sell and the median rent for a unit in West Lakes is $550 per week, producing a rental yield of 4.82%.

Supply & Demand in West Lakes, Charles Sturt

0.61%

Current vacancy rate


22

Rental stock available


5,792

Population


17.41%

Rental population


0.54%

Current vacancy rate


315

Rental stock available


111,759

Population


29.17%

Rental population


0.50%

Current vacancy rate


4,460

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 Lakes, Charles Sturt

  House Townhouses Units
Median listing price $1,090,000 NA $592,500
Median price change - last quarter 0.45% NA 0.42%
Median price change - 1 year -0.91% NA 4.86%
Median price change - 2 years 46.80% NA 17.32%
  House Townhouses Units
Median weekly rent $680 $630 $550
Median yield % 3.24% NA 4.82%
Median rent change - 1 year 4.61% 14.54% 5.76%
  House Units
Previous month sales 21 5
Stock on market previous month 64 7
Stock variance vs. last year 156.00% -22.22%
Average days on market 43 25

West Lakes investment property listings

Showing 1 of 1 investment properties found in West Lakes on realestateinvestar.com.au

206/294 Sportsmans Dr, West Lakes

$1,150,000

property pic

Here's your chance to live lakeside!

Situated on the south eastern corner of the lake, this top level apartment will have you feeling like you are on holidays everyday. Wake up with a water view and end the day with a stunning sunset. This is perfect if you are seeking the relaxed lifestyle of apartment living on the waterfront, and ...

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SA 5021


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