Suburb Profile Report for West Lakes Shore SA (5020)

West Lakes Shore House: Median price $631,000, Annual capital growth 4.25%, Number of sales 47, Weekly median advertised rent $430

West Lakes Shore Unit: Median price $418,750, Annual capital growth 4.26%, Number of sales 22, Weekly median advertised rent $360

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

West Lakes Shore, 5020 ranked 48th in SA when comparing growth in median property values or capital gain over the last 12 months. West Lakes Shore is one of 853 in our list for SA

Taking the average capital gain, or increase in median house value, West Lakes Shore,5020 has racked up an average of 14.73% over the period. This ranks it number 2104th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that West Lakes Shore is offering property investors an average of -6.34. This rate of discount on properties puts Suburb at number 79th in terms of most discounted suburbs in SA

At number 655th in the list of Australian suburbs ordered by increase in median house value over the last year, West Lakes Shore, 5020 is in the top 40% with a property value increase of 6.01% recorded in median house prices.

Across a shorter period, West Lakes Shore, 5020 has seen a median price increase of 3.40% over the last quarter.

West Lakes Shore5020 is located in SA which offers an average discount of -6.37% to property investors. West Lakes Shore itself is showing figures that indicate -6.97% is the average achievable by property buyers investing in the suburb.

Situated 10.82km from the CBD, West Lakes Shore is one of Charles Sturt localities in the postcode 5020.

Metrics i HOUSE UNIT
$631,000 $418,750
6.95% 3.40%
14.73% 6.01%
4.25% 4.26%
$430 $360
47 22
3.54% 4.47%
59.21 82.33

Source: CoreLogic

DSR Score for property investment : Good (H), Balanced (U)
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Demographics
Total population 2972
Median household income ($/weekly) 1301
Median age of persons 48
Median housing loan repayment ($/monthly) 1733
Average household size 2.4
  • Census Count Percent(%)
    25-34 years 304 10.2
    35-44 years 342 11.5
    45-54 years 406 13.7
    55-64 years 580 19.5
    65-74 years 321 10.8
    Others 1020 34.3
    Age Group
    Census Count Percent(%)
    Registered Married 1363 57.1
    Not Married 854 35.8
    Defacto Relationship 170 7.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2245 77.5
    Greece 32 1.1
    Japan 56 1.9
    United Kingdom 260 9.0
    Other 65 2.2
    Others 239 8.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 39 1.4
    Christianity 2049 73.2
    Islam 17 0.6
    Other Religious Groups 13 0.5
    No Religion 676 24.1
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 102 9.6
    $600-$799 108 10.1
    $1,000-$1,249 103 9.7
    $1,500-$1,999 128 12.0
    $2,000-$2,499 110 10.3
    Others 515 48.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 918 36.7
    Not in the labour force 905 36.2
    Employed, worked part-time 515 20.6
    Employed, away from work 98 3.9
    Unemployed, looking for work 63 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 247 16.2
    Professionals 349 22.8
    Technicians & trades workers 188 12.3
    Clerical & administrative workers 258 16.9
    Sales 160 10.5
    Others 326 21.3
    Occupation
    Census Count Percent(%)
    Pre-school 29 5.3
    Infants/Primary 184 33.6
    Secondary 155 28.3
    Technical or Further Educational Institution 57 10.4
    University or other Tertiary Institutions 107 19.5
    Others 16 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2264 80.2
    Semi-detached, row or terrace house, townhouse 462 16.4
    Flat, unit or apartment 97 3.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 578 50.1
    Being purchased 368 31.9
    Rented 192 16.6
    Other tenure type 16 1.4
    Tenure Type
Census 2011, ABS
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