West Lakes is an average performer in SA when comparing median price capital growth over the last year. West Lakes gave property investors a average capital gain figure when compared to the rest of the state, with 3.35%.
If we look at median property appreciation over just the last three months, West Lakes has given property investors a paper return of 0.14%. This puts Suburb as 256 on a list of fastest fasting appreciating suburbs in SA
West Lakes, 5021 is offering SA ‘s 145th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this SA.
Using the current median advertised rental of $550 and the average annual increase in value of a median property of 2.69%, investors should hope to achieve an overall return of 3.94%
Giving property investors a a stable capital gain of 7.95% for the last year, West Lakes, 5021 is the 547th highest performer in Australia in this respect.
Over the longer term, West Lakes has seen property prices show investors a 2.48% return over the last 3 years. This is an improvement over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in West Lakes, 5021. Typically our figures indicate that -5.61% is being offered, which puts this SA suburb at 557th most discounted overall in Australia.
Residents and property investors in West Lakes have been waiting around 72.07 days to sell a property.
Situated 9.67km from the CBD, West Lakes is one of Charles Sturt localities in the postcode 5021.