Over the last year, property investments in West Lakes, 5021 have given investors a capital gain of 3.57%. This compares averagely with the 3.17% for SA as a whole.
Over the longer term, West Lakes has seen property prices show investors a 20.03% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -6.50% to buyers in West Lakes at the moment, which is less than average for the rest of SA.
Renters in Suburb are facing rents around $6960 per annum or $580 every week.
West Lakes, 5021 ranked 52th in SA when comparing growth in median property values or capital gain over the last 12 months. West Lakes is one of 853 in our list for SA
Comparing West Lakes,5021 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in West Lakes 5021 should be seeing an average reduction in asking price of around -6.63% . This means that West Lakes is holding prices well when compared to other suburbs in SA.
At number 735 in a list of fastest selling suburbs, West Lakes is just in the top half of suburbs in Australia with an average of days on market 77.02 for properties listed there.
The SA suburb of West Lakes, 5021 is in the Charles Sturt local government area.