Thinking about buying in West Lakes? Now could not be a better time, with 4684 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,107,000 with prices in this suburb ranging from $349,000 to $19,142,000. West Lakes is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

West Lakes Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in West Lakes are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in West Lakes classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in West Lakes requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale West Lakes

	9a marlee ct, west lakes, sa, 5021	4	2	2	$950,000-$1,000,000
	unit 9, 157 brebner dr, west lakes, sa, 5021	2	1	1	Contact Agent
	unit 1, 1 moorea ct, west lakes, sa, 5021	3	1	1	Offers Closing - Tue 14th Jan 12pm (USP)
	westfield west lakes, 111 west lakes bvd, west lakes, sa, 5021	3	2	2	Contact Agent
	16 huron gr, west lakes, sa, 5021	3	2	2	Contact Agent

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General Points of Interest

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