With a capital gain of 2.82% for the last 12 months, West Lakes, 5021 has performed for property investments than its average annual 3.31% property growth over the last 5 years.
Across a shorter period, West Lakes, 5021 has seen a median price increase of 0.00% over the last quarter.
West Lakes, 5021 is offering SA ‘s 148th 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.
With a capital gain of -2.41% for the last 12 months, West Lakes, 5021 has performed for property investments than its average annual 4.65% property growth over the last 5 years.
While West Lakes,5021 ranked number 87th in SA for increase in median house value (annualised) increase, it is ranked 119th over the last 5 years.
Our latest figures would indicate that property sellers in West Lakes are currently offering property investors an average price cut of -6.50% below the asking price at the moment.
Residents and property investors in West Lakes have been waiting around 95.43 days to sell a property.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 4.65%, investors should hope to achieve an overall return of 4.49%