If you compare the increase in value of investment property in West Lakes Shore, 5020 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this SA suburb was 6.31%.
Over the longer term, West Lakes Shore has seen property prices show investors a 14.56% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in West Lakes Shore are currently offering property investors an average price cut of -6.07% below the asking price at the moment.
Property investors should expect to get $417.5 weekly from the median priced house in this suburb.
At number 913th in the list of Australian suburbs ordered by increase in median house value over the last year, West Lakes Shore, 5020 is in the BOTTOM 50% with a property value increase of 1.94% recorded in median house prices.
Over the longer term, West Lakes Shore has seen property prices show investors a 3.27% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in West Lakes Shore is giving property investors an average Vendor Discount of around -9.57%. This puts suburb at number 8th in SA when ranking the most discounted suburbs.
Often selling an investment property can take time, and in West Lakes Shore the average time real estate has been on the market is 62.46 days.
The SA suburb of West Lakes Shore, 5020 is in the Charles Sturt local government area.