Property value increases in West Lakes Shore have tracked higher than the SA average of 3.56% over the last 12 months.
Comparing West Lakes Shore,5020 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
West Lakes Shore, 5020 is offering SA ‘s 80th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this SA.
In the last year 43 properties changed hands in West Lakes Shore, which puts it as the 221th most active market in SA when comparing the number of sales per suburb.
West Lakes Shore is 307th on a list of best yielding suburbs for rents in SA with a 3.51% return
SA has seen average median house prices change by 3.97% which means that West Lakes Shore, 5020 has done well for property investors by showing a capital gain of 13.50% over the last year
West Lakes Shore,5020 has offered an average of 13.50% return per annum in house price rises to property investors over the last three years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.40% offered to property buyers. Sellers in West Lakes Shore itself are offering an average vendor discount of -6.34% to real estate investors.
Residents and property investors in West Lakes Shore have been waiting around 74.55 days to sell a property.
West Lakes Shore, 5020’s gross rental yield is 4.16%