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 2.40%.
The five-year average increase in median property values for West Lakes,5021 has given property investors a potential capital gain of 6.62% across each of those five years.
The most recent median price for West Lakes is $725000, with sellers offering an average of -6.84% off the asking price.
West Lakes, 5021’s gross rental yield is 3.94%
SA has seen average median house prices change by 3.81% which means that West Lakes, 5021 has done well for property investors by showing a capital gain of 0.60% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, West Lakes comes in at number 148th in SA.
Our latest figures would indicate that property sellers in West Lakes are currently offering property investors an average price cut of -6.66% below the asking price at the moment.
West Lakes is 129th on a list of best yielding suburbs for rents in SA with a 4.38% return