With a capital gain of 2.40% for the last 12 months, West Lakes, 5021 has performed for property investments than its average annual 2.75% property growth over the last 5 years.
Comparing West Lakes,5021 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
West Lakes5021 is located in SA which offers an average discount of -6.50% to property investors. West Lakes itself is showing figures that indicate -7.10% is the average achievable by property buyers investing in the suburb.
Property investors who have had real estate in West Lakes, 5021 should be ok with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.77%
West Lakes,5021 has offered an average of 2.77% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in West Lakes are currently offering property investors an average price cut of -6.65% below the asking price at the moment.
Renters in Suburb are facing rents around $4260 per annum or $355 every week.