If you compare the increase in value of investment property in West Lakes, 5021 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this SA suburb was 3.81%.
Taking the average capital gain, or increase in median house value, West Lakes,5021 has racked up an average of 3.81% over the period. This ranks it number 3017th in the whole country for real estate investors looking at median house price increases.
At number 262th of SA’s most discounted properties, West Lakes is in the TOP 40% of the state/territory when listing in order of most discounted to least.
Property investors should expect to get $527.5 weekly from the median priced house in this suburb.
Giving property investors a a stable capital gain of 9.00% for the last year, West Lakes, 5021 is the 430th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, West Lakes has given property investors a paper return of 3.95%. This puts Suburb as 46 on a list of fastest fasting appreciating suburbs in SA
West Lakes5021 is located in SA which offers an average discount of -6.13% to property investors. West Lakes itself is showing figures that indicate -4.57% is the average achievable by property buyers investing in the suburb.
Residents and property investors in West Lakes have been waiting around 86.83 days to sell a property.
A $330 per week rent on the median house gives suburb investors a gross yield of circa 3.73%, without taking into account capital value appreciation, which has been averaging out at 4.55%.